This paper uses survey data from 120 developing countries to compare the role of institutions with firm characteristics at the time of creation of the firm in explaining the size, growth, and productivity of firms over their lifecycle. The study finds that firm-level characteristics have...

Firms of different sizes play different roles in organized markets and societies. This report focuses on the particular role that larger firms - firms with 100 employees or more - play in this ecosystem. It shows that larger firms in developing countries have distinct features that set them...

1. Overview -- 2. Industrial Policy, Firm Capabilities and Kaizen -- 3. Kaizen towards Learning, Transformation, and High-Quality Growth: Insights from Outstanding Experiences -- 4. Why is Kaizen Critical for Developing Countries? Kaizen as a Social Innovation in the Era of Global Inequality --...