The Impact of Consulting Services on Small and Medium Enterprises : Evidence from a Randomized Trial in Mexico / Miriam Bruhn.
Saved in:
| Online Access: |
Full Text (via Open Knowledge Repository) |
|---|---|
| Main Author: | |
| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
The World Bank,
2013.
|
| Series: | Policy research working papers.
World Bank e-Library. |
| Subjects: |
| Abstract: | Using a randomized evaluation with 432 Mexican small and medium enterprises, this paper shows that access to management consulting led to better firm performance: one-year results show positive effects on return-on-assets and total factor productivity. Owners also had large increases in "entrepreneurial spirit" (an entrepreneurs' managerial confidence index). Using Mexican social security data, the analysis finds a large increase in the number of employees and total wage bill several years after the program. The paper documents large heterogeneity in the specific managerial practices that improved as a result of the consulting, but there is no singular mechanism as a panacea for all firms. |
|---|---|
| Physical Description: | 1 online resource (44 pages). |