Microfinance and Business-Development Programs: Why Results Fall Short and What Works

• 발행기관: 서울대학교 경제연구소
• 저자명: Dmitry Shapiro
• 간행물 정보: 『경제논집』64권 1호, 31~60쪽, 전체 30쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2025.06.30

국문 초록

Despite the widespread adoption of business development programs (BDPs) in developing countries, their impact on micro- and small enterprise growth remains limited. While traditional classroom-based training improves business knowledge, it often fails to generate meaningful gains in profits or firm survival. This survey reviews the evidence on BDP effectiveness and explores key explanations for their modest outcomes, including behavioral constraints, contextual mismatches, and methodological challenges. It also examines recent innovations that show more promise, such as consulting, outsourcing, mentoring, and mindset-focused interventions. These approaches tend to be more effective when aligned with entrepreneurs’ specific goals, constraints, and cognitive capacities. However, even these improved models face challenges of scalability, heterogeneity in effects, and uncertain long-term impact. The survey concludes that future efforts should prioritize diagnostic, flexible, and context-sensitive program designs over standardized training curricula.

목차

1. Introduction

2. Prevalence, Format, and Scope of Business-Training Programs

3. Impacts of Business Training on Profits and Other Outcomes

4. Reasons for the Limited Impact of Business Training

5. What Kind of Business Training Works? Recent Innovations in Content and Delivery

6. Conclusion

References

키워드

Business training business development programs small and micro entrepreneurs

참고문헌

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