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    Small Firms, Human Capital, and Productivity in Asia

    Vandenberg, Paul; Trinh, Long Q. | July 2016
    Abstract
    The paper analyzes the link between human capital and firm-level productivity in five Asian countries. It draws on a dataset of over 4,000 enterprises and considers both the prior educational attainment of workers and in-service training programs of enterprises. Differences between small, medium-sized, and large enterprises and between countries are also presented. The key finding is that both preservice education and in-service training are positively correlated with labor productivity. The productivity of small and medium-sized enterprises (SMEs) is enhanced by a higher level of skills and education of the workforce, just as it is with large firms. However, there are country differences. The policy implications are that competitiveness is enhanced both by raising the general level of education in the workforce and by encouraging enterprise-based training programs.
    Citation
    Vandenberg, Paul; Trinh, Long Q.. 2016. Small Firms, Human Capital, and Productivity in Asia. © Asian Development Bank Institute. http://hdl.handle.net/11540/6619.
    Keywords
    Training programs
    Vocational training
    Training methods
    Economic growth
    Training courses
    Technological institutes
    Labor market
    Educational aspects
    Compulsory education
    Economics of education
    Educational policy
    Industrial Projects
    Industrial Products
    Industrial Policy
    Manufacturing Industries
    Industrial Sector
    Quality Education
    Technical Education
    Primary Education
    Educational Systems
    Educational Reforms
    Industry
    Electronics Industry
    Commerce and Industry
    Development cooperation
    Educational tests and measurements
    Comprehensive high schools
    College preparation programs
    Transnational education
    Communication in higher education
    Fundamental education
    Capitalism and education
    Right to education
    Educational change
    Educational evaluation
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    Citable URI
    http://hdl.handle.net/11540/6619
    Metadata
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    adbi-wp582.pdf (348.9Kb)
    Author
    Vandenberg, Paul
    Trinh, Long Q.
    Theme
    Education
    Industry
    Small Medium Business
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise