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Investment in Job Training : Why Are SMES Lagging So Much Behind ? / Almeida, Rita K.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Almeida, Rita K.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to capital.
- Access to information.
- Acquisition of skills.
- Educated workers.
- Education.
- Education For All.
- Education technology.
- Educational attainment.
- Finance and Financial Sector Development.
- Job training.
- Labor Markets.
- Labor Policies.
- Learning.
- Level of education.
- Microfinance.
- Performance indicators.
- Primary Education.
- Schooling.
- Skilled workers.
- Skilled workforce.
- Skills development.
- Social Protections and Labor.
- Teaching.
- Technological innovation.
- Technological innovations.
- Training schemes.
- Vocational education.
- Vocational training.
- Local Subjects:
- Access to capital.
- Access to information.
- Acquisition of skills.
- Educated workers.
- Education.
- Education For All.
- Education technology.
- Educational attainment.
- Finance and Financial Sector Development.
- Job training.
- Labor Markets.
- Labor Policies.
- Learning.
- Level of education.
- Microfinance.
- Performance indicators.
- Primary Education.
- Schooling.
- Skilled workers.
- Skilled workforce.
- Skills development.
- Social Protections and Labor.
- Teaching.
- Technological innovation.
- Technological innovations.
- Training schemes.
- Vocational education.
- Vocational training.
- Physical Description:
- 1 online resource (51 pages)
- Other Title:
- Investment In Job Training
- Place of Publication:
- Washington, D.C., The World Bank, 2010
- System Details:
- data file
- Summary:
- This paper analyzes the link between firm size and investment in job training by employers. Using a large firm level data set across 99 developing countries, the analysis shows that a strong and positive correlation in investment in job training and firm size is a robust statistical finding both within and across countries with very different institutions and level of development. However, the findings do not support the view that this difference is mostly driven by market imperfections disproportionally affecting small and medium enterprises. Rather, the evidence is supportive of small and medium enterprises having a smaller expected return from the investment in job training than larger firms. Therefore, the findings call for caution when designing pro-small and medium enterprises policies fostering investment in on-the-job training.
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