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Management has a large effect on the productivity of large firms. But does management matter in micro and small firms, where the majority of the labor force in developing countries works? This study developed 26 questions that measure business practices in marketing, stock-keeping,...
Persistent link: https://www.econbiz.de/10012971132
A business plan competition is conducted to test whether survey instruments or panel judges are able to identify the … growth potential. A survey measure of ability correlates strongly with future growth, but the panel scores add to predictive … power even after controlling for ability and other survey variables. The survey questions have more power to explain the …
Persistent link: https://www.econbiz.de/10012969444
Many microenterprises in developing countries have high returns to capital, but also face risky revenue streams. In principle, equity offers several advantages over debt when financing investments of this nature, but the use of equity in practice has been largely limited to investments in much...
Persistent link: https://www.econbiz.de/10012889427
The majority of firms in most developing countries are informal. The authors of this paper conducted a field experiment in Sri Lanka that provided incentives for informal firms to formalize. Offering only information about the registration process and reimbursement for direct registration costs...
Persistent link: https://www.econbiz.de/10012975397
evaluations suffer from low statistical power, measure impacts only within a year of training, and experience problems with survey …
Persistent link: https://www.econbiz.de/10012974974