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Joint Lending, Not Borrowing: A New Approach to Credit and Entrepreneurship in LDCs

Wan and Chandrasekhar (2019) study how the quality of decision making, in this case by credit officers, depends on (1) whether decisions are made at the group or individual level, (2) whether soft information is available beyond hard information, and (3) the incentive structure that officers face

Research Note
26 Feb 2019

Competition, Financial Constraints and Misallocation: Plant-level Evidence from Indian Manufacturing

A commonly held and highly intuitive view is that intensified competition will improve the allocation of resources in an economy, by shifting resources to more productive firms.

Research Note
21 Jan 2019

Value of Formalization for Women Entrepreneurs in Developing Contexts: A Review and Research Agenda

Formalization is constantly being proposed as being of great benefit to business expansion and success.

Journal Article
1 Jan 2019

The Role of Industry and Economic Context in Open Innovation: Evidence from Nigeria

Using innovation survey data on a sample of UK manufacturing firms, Laursen and Salter (2006) documented a non-monotonous relationship between external search strategies and firm-level innovative performance.

Book Chapter
1 Jan 2019

The Size of the Border and Product Market Integration Between Lesotho and South Africa: A Production-Consumption Approach

Despite efforts to increase integration within Africa, product markets remain segmented between countries. Nchake et al.

Journal Article
1 Jan 2019

Getting Capital to Microenterprises: What do we know about why and how?

Recent research illuminates the opportunity to increase incomes of microenterprise owners through the provision of capital.

Policy Insight
1 Dec 2018

Chinese Investment in Africa: How Much Do We Know?

Many reports have described Chinese engagement in Africa as “neo-imperialism” and “authoritarian capitalism”, exploiting resources and local labour while undermining democracy.

Policy Insight
1 Dec 2018

Pathways to Profits: The Impact of Marketing versus Finance Skills on Business Performance

This paper by Anderson, Chandy and Zia (2017), published in Management Science, examines the impact of improvements in marketing skills relative to finance skills among small business owners.

Journal Article
1 Dec 2018

When Regional Policies Fail: An Evaluation of Indonesia’s Integrated Economic Development Zones

Throughout the developing world, many countries have created special economic zones to attract investment and spur industrial growth.

Working Paper
1 Dec 2018

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