Is there a Size-Induced Market Failure in Skills Training?

Paul Vandenberg () and Trinh Long

Working Papers from eSocialSciences

Abstract: A skilled and educated workforce can support the competitiveness of enterprises of all sizes. However, smaller firms may face greater challenges in developing human capital. We explore differences between smaller and larger firms in offering skills training and in hiring workers with more formal education. Drawing on a dataset of enterprises in five Asian countries, we find major size-based differences in education and training. While smaller firms train less, they also are less inclined to view an inadequately skilled workforce as a major constraint on their operations. It may be that smaller firms are content to occupy niches in a low-skills equilibrium. [ADBI Working Paper 598]

Keywords: Market Failure; skill training; firms; competitiveness; enterprises; human capital; skills training; skilled; educated; competitiveness; enterprises; sizes; education; Asia; workers; on-the-job training; SME; firms; production workers (search for similar items in EconPapers)
Date: 2016-10
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.esocialsciences.org/Download/repecDownl ... AId=11386&fref=repec

Related works:
Working Paper: Is There a Size-Induced Market Failure in Skills Training? (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:11386

Access Statistics for this paper

More papers in Working Papers from eSocialSciences
Bibliographic data for series maintained by Padma Prakash ().