The Contribution of Owners’ Human and Social Capital to Firm Performance in Vietnamese Small and Medium Enterprises
Small and medium enterprises (SMEs) have held an increasingly important position in Vietnam’s economy, contributing significantly to the economic growth of the country.
Tác giả: Nguyen Ha Lien Chi
In trong: Chuyên san Kinh tế và Kinh doanh
Số: Tập 32, Số 2, 2016, tr. 1-13
Ngôn ngữ: Tiếng Anh
Từ khóa: Small and medium enterprises (SMEs), capital, resource, firm performance
Tóm tắt: Small and medium enterprises (SMEs) have held an increasingly important position in Vietnam’s economy, contributing significantly to the economic growth of the country. Despite that vital role, research on this subject is very limited, scarce in quantity, and questionable in quality, particularly on owners’ human and social capital as a significant input for SME performance. Therefore, this article aims at testing the relationship between owners’ human and social capital resources and firms’ financial performance, using the survey of 2,739 SMEs in Vietnam in 2004 conducted by Vietnam’s Institute of Labor Studies and Social Affairs (ILSSA) and The Faculty of Economics - Copenhagen University. The study then shows some significant results and opens future research directions.
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