Aid agencies and governments spend more than a billion US$ on entrepreneurship training annually. What have we learned about the effectiveness of training? We review research on entrepreneurship training.
Do productivity and managerial quality vary within the firm? If so which managerial traits and practices matter most for team productivity? Combining granular garment production data with survey data on managers across 120 production lines in India, Adhvaryu et al.
Firms use relational contracts to support repeated trade. Do these informal agreements evolve in response to market conditions? In a market for ice, firms reestablish relationships on new terms when a prior agreement breaks down.
A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium.
A common concern with efforts to directly help some small businesses to grow is that their growth comes at the expense of their unassisted competitors.
Fertilizer use remains below recommended rates in most of Sub-Saharan Africa, contributing to low crop yields and poverty. Michelson et al. (2021) explore the role of fertilizer quality.
This paper documents the evolution of markups and concentration, detects causality between firm churning and markups/concentration, and determines the impact of fixed/sunk costs on markups.
