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Entrepreneurial Human Capital And Micro And Small Business In Lao Pdr

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  • Phanhpakit ONPHANHDALA
  • Terukazu SURUGA

Abstract

This paper examines the determinants of performance in 1,776 micro and small enterprises that represent all industry sectors and geographical regions in Lao PDR. Although considerable resources are being directed toward promotion schemes in the country, empirical research on this subject is very limited. This study provides concrete insights into development strategies, particularly investment in basic education. The impact of business experience is small and insignificant. The differences between urban and rural, and Lao and ethnic minorities are narrowing in the younger generation, but still remain very large. The difference between male and female entrepreneurs found in most reports is rejected regardless of region, groups, and generation. These findings would help to formulate further efforts attempting to promote this sector.

Suggested Citation

  • Phanhpakit ONPHANHDALA & Terukazu SURUGA, 2010. "Entrepreneurial Human Capital And Micro And Small Business In Lao Pdr," The Developing Economies, Institute of Developing Economies, vol. 48(2), pages 181-202, June.
    • Handle: RePEc:bla:deveco:v:48:y:2010:i:2:p:181-202
    DOI: 10.1111/j.1746-1049.2010.00104.x
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    Cited by:

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    2. Souksavanh VIXATHEP, 2017. "Entrepreneurship, Human and Social Capital, and Government Policy in Small and Medium Enterprise Development in Laos," Japan Social Innovation Journal, University of Hyogo Institute for Policy Analysis and Social Innovation, vol. 7(1), pages 1-33, March.
    3. Oukham Sisounonth & Xayphone Kongmanila, 2014. "A Study on SME Development in Laos: The Case of Commerce Sector in Vientiane Capital," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 2(6), pages 246-255, June.
    4. Souksavanh VIXATHEP & Nobuaki MATSUNAGA, 2015. "Entrepreneurial Human and Social Capital in Small Businesses in Vietnam - An Extended Analysis -," GSICS Working Paper Series 29, Graduate School of International Cooperation Studies, Kobe University.
    5. Souksavanh VIXATHEP, 2014. "Entrepreneurship, Government Policy and Performance of SMEs in Laos," GSICS Working Paper Series 28, Graduate School of International Cooperation Studies, Kobe University.

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