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On the Relationship between Human Capital and Firm Performanc

Author

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  • Dinh Thi Thanh Binh

    (Faculty of International Economics, Foreign Trade University)

  • Le Minh Ngoc

    (Faculty of International Economics, Foreign Trade University)

  • Nguyen Huu Thinh

    (Faculty of International Economics, Foreign Trade University)

  • Bui Cao Khai

    (Faculty of International Economics, Foreign Trade University)

  • Tran Duy Hung

    (Faculty of International Economics, Foreign Trade University)

  • Nguyen Viet Duong

    (Faculty of International Economics, Foreign Trade University)

  • Le Thi Thu Trang

    (Faculty of International Economics, Foreign Trade University)

Abstract

This paper applies the ordinary least square regression model to estimate the effects of the human capital on the business performance of small and medium enterprises (SMEs) in Vietnam. We exploit the cross-sectional data of SMEs for the year 2009. The estimated results show that basic and professional education of the firm owner are important factors affecting the success of the firm. Further, experience in owning a business before can help the firm owners enhance their performance. Finally, knowledge from learning is seen to have a strong effect on entrepreneurial performance.

Suggested Citation

  • Dinh Thi Thanh Binh & Le Minh Ngoc & Nguyen Huu Thinh & Bui Cao Khai & Tran Duy Hung & Nguyen Viet Duong & Le Thi Thu Trang, 2013. "On the Relationship between Human Capital and Firm Performanc," Working Papers 03, Development and Policies Research Center (DEPOCEN), Vietnam.
    • Handle: RePEc:dpc:wpaper:0313
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