The Role of the Manager's Education in Firm Growth: An Empirical Analysis in the Taiwanese Manufacturing Sector
AbstractThis paper investigated manner in which the manager's education affects the management of the firm. The manager's education functions as a necessary background when he/she is required to understand high technologies and international business information. We adopt variables that are representative of the constituents of education such as the fields of specialization, overseas education, and the choice of overseas destination for education in order to determine the specific role of education. Moreover, we analyzed the effect of education within high-tech and export-oriented industries. An analysis of firms in the start-up period and a comparison in terms of firm size were also conducted. In addition, we analyzed whether managers' human network contributes to firm growth. We found that education serves to provide the necessary background and that scientific knowledge and foreign languages play substantial roles. It was also found that human network contributes to management.
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Bibliographic InfoPaper provided by Graduate School of Economics, Hitotsubashi University in its series Discussion Papers with number 2006-18.
Length: 39 p.
Date of creation: Dec 2006
Date of revision:
Manager; Manager's education; Human capital; Firm Size; Human network;
Find related papers by JEL classification:
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
- M21 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - Business Economics
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- Marianne Bertrand & Antoinette Schoar, 2003.
"Managing With Style: The Effect Of Managers On Firm Policies,"
The Quarterly Journal of Economics,
MIT Press, vol. 118(4), pages 1169-1208, November.
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- T. Sonobe & D. Hu & K. Otsuka, 2002. "Process of Cluster Formation in China: A Case Study of a Garment Town," Journal of Development Studies, Taylor & Francis Journals, vol. 39(1), pages 118-139.
- Eiji Yamamura & Tetsushi Sonobe & Keijiro Otsuka, 2003. "Human capital, cluster formation, and international relocation: the case of the garment industry in Japan, 1968--98," Journal of Economic Geography, Oxford University Press, vol. 3(1), pages 37-56, January.
- Sonobe, Tetsushi & Kawakami, Momoko & Otsuka, Keijiro, 2003. "Changing Roles of Innovation and Imitation in Industrial Development: The Case of the Machine Tool Industry in Taiwan," Economic Development and Cultural Change, University of Chicago Press, vol. 52(1), pages 103-28, October.
- Bates, Timothy, 1990. "Entrepreneur Human Capital Inputs and Small Business Longevity," The Review of Economics and Statistics, MIT Press, vol. 72(4), pages 551-59, November.
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