Do Management Interventions Last? Evidence from Vietnamese SMEs
We conducted randomised experiments to provide management training for 312 small Vietnamese manufacturers in 2010 and repeatedly collected follow-up data in the span of a decade. Analysing panel data constructed from our original surveys with an attrition rate of 4%, we find that our training significantly improved the management quality of the treated entrepreneurs, and such improvement was sustained for at least 5 years. The control entrepreneurs, however, caught up in the longer run.