While village industries are known to play an important role in the development of rural areas in developing countries, little is known about village industries in transition economies. This paper inquires into the transformation process of a village industry in northern Vietnam from a...

Managerial capital has received attention in recent years as one of the major determinants for enterprise productivity, growth, and longevity. While recent empirical studies make it clear that training intervention can improve the management level, it remains unclear why the managers had not...