We test whether managerial human capital has a first order effect on the performance and growth of small enterprises in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...

The paper verifies the existence of relations between development of small and medium-sized enterprises (SMEs) and the particular factors of regional environment as well as demographic parameters of entrepreneurs and their enterprises. SMEs localized in Southern Poland in accordance with NUTS -1...

We show how financial and managerial constraints impede experimentation and thus limit learning about the profitability of investments. Imperfect information about one's own type, but willingness to experiment to learn one's type, leads to short-run negative expected returns to investments, with...

In developing countries, facts show that micro, small and medium enterprises (MSMEs) play an important role in the country's economical development (Jasra, Khan, Hunjra, Rehman, & Azam, 2011, p. 274). Some contributions of MSMEs (Abimanyu, et al., 2011, p. 2) include substantial supports in...

The aim of the present short paper is to show that since the 1970s the world has changed considerably, and that this change has had consequences for the current policy debate on the determinants of economic growth. Our paper deals with some aspects of the recent scientific literature on the...

The purpose of this study is to present a unique database on commercialized patents and to illustrate how it can be used to analyze the commercialization process of patents. The dataset is based on a survey of Swedish patents owned by inventors and small firms with a remarkably high response...

Young firm diversification is examined investigating whether diversifying firms have higher survival chances. We use extensive longitudinal data containing information on firms’ characteristics and environmental conditions, and their evolution over time. Firms that are born diversified are...

This paper examines if the identity shaped by the region does have an influence on the owner-manager's managerial behaviour. Two hypotheses have been formulated that are based on the identity theory saying that an individual's self consists of a set of different identities. The paper is based on...

There are many ways in which the firm competitiveness can be understood in the related literature. The purpose of this research is to undertake a better understanding of expectations and concerns of small and medium sized enterprises from Romanian Western region, in term of competitiveness. This...