皇冠体育app

Abstract

皇冠体育app authors organized business associations for the owner-managers of randomly selected young Chinese firms to study the effect of business networks on firm performance. 皇冠体育appy randomized 2,800 firms into small groups whose managers held monthly meetings for one year, and into a 鈥渘o-meetings鈥� control group. 皇冠体育appy find that:

1. 皇冠体育app meetings increased firm revenue by 8.1 percent, and also signi ficantly increased profi t, factors, inputs, the number of partners, borrowing, and a management score;

2. 皇冠体育appse effects persisted one year after the conclusion of the meetings; and

3. Firms randomized to have better peers exhibited higher growth. 皇冠体育app authors exploit additional interventions to document concrete channels.

4. Managers shared exogenous business-relevant information, particularly when they were not competitors, showing that the meetings facilitated learning from peers.

5. Managers created more business partnerships in the regular than in other one-time meetings, showing that the meetings improved supplier-client matching.

This research was funded under the Private Enterprise Development in Low-Income Countries (PEDL) Programme

Citation

Cai, J. and Szeidl, A. (2017) 鈥淚nterfirm Relationships and Business Performance鈥�, 皇冠体育app Quarterly Journal of Economics.

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