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Bruhn Karlan Schoar (2010) - What Capital Is Missing In Developing Countries (view source)
Revision as of 19:06, 26 June 2011
, 19:06, 26 June 2011New page: *This page is referenced in The NBER Entrepreneurship Research Boot Camp Page ==Reference(s)== *Bruhn, M., D. K...
*This page is referenced in [[Entrepreneurship_Research_Boot_Camp#Development_and_Entrepreneurship | The NBER Entrepreneurship Research Boot Camp Page]]
==Reference(s)==
*Bruhn, M., D. Karlan, A. Schoar (2010), "What capital is missing in developing countries", American Economic Review, May. [http://www.edegan.com/pdfs/Bruhn%20Karlan%20Schoar%20(2010)%20-%20What%20Capital%20Is%20Missing%20In%20Developing%20Countries.pdf pdf]
==Abstract==
What capital is missing in developing countries? We put forward "managerial capital," which is distinct from human capital, as a key missing form of capital in developing countries. And it has also been curiously missing in the research on growth and development. We argue in this paper that lack of managerial capital has broad implications for firm growth as well as for the effectiveness of other input factors.
==Reference(s)==
*Bruhn, M., D. Karlan, A. Schoar (2010), "What capital is missing in developing countries", American Economic Review, May. [http://www.edegan.com/pdfs/Bruhn%20Karlan%20Schoar%20(2010)%20-%20What%20Capital%20Is%20Missing%20In%20Developing%20Countries.pdf pdf]
==Abstract==
What capital is missing in developing countries? We put forward "managerial capital," which is distinct from human capital, as a key missing form of capital in developing countries. And it has also been curiously missing in the research on growth and development. We argue in this paper that lack of managerial capital has broad implications for firm growth as well as for the effectiveness of other input factors.
