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Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across â€¦ and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have â€¦ restricted standard analysis of the determinants of innovation to consideration of the role of firm characteristics. We develop a â€¦
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Many reforms have taken place in Indonesia following the Asian financial crisis of 1997 - 1998. The government has embarked upon institutional transformation, making the country one of the region's most vibrant democracies. In social, economic, and political areas, Indonesia has seen much...
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In a recent randomized experiment we found mean returns to capital of between 5 and 6 percent per month in Sri Lankan microenterprises, much higher than market interest rates. But returns were found to be much higher among men than among women, and indeed were not different from zero for women....
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