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Harun Alp
Federal Reserve Board
Harun Alp is an Economist at the Federal Reserve Board. His research interest lies in macroeconomics, with a particular interest in firm dynamics, economic growth, and innovation.
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‘Outside’ managers’ productivity, firm dynamics, and economy growth
In developed countries, many industrial giants have humble beginnings as small, family-owned businesses, but nonetheless expand to hundreds of thousands of employees over time by relying on professional managers running key operations. Why does this not occur to the same degree in India? This article explores how the lower productivity of ‘outside’ managers in developing economies impacts firm growth.
26 February 2021
Productivity and Innovation
Productivity & Innovation
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