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How important are management practices for the productivity of small and medium enterprises?

Axel Demenet and Quynh Hoang

No wp-2018-69, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Is the lack of 'managerial capital', alongside human and financial capital, a constraint on the growth of firms in developing countries? The evidence on this is still mixed, especially among small and medium enterprises. This paper uses a panel of Vietnamese small and medium enterprises to investigate this question. We build a multidimensional measure of managerial capital, combining both practices and attitudes, and link it with consistent estimates of firm-level productivity and mark-up.

Keywords: Entrepreneurship; Informal sector; Small and medium enterprises (search for similar items in EconPapers)
Date: 2018
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