Training and Establishment Survival

Collier, William J. and Green, Francis and Kim, Young-Bae (2007) Training and Establishment Survival. Skills for Business, 113 pp. (Full text available)

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Abstract

Training decisions are affected by beliefs about the returns to training, surrounding which firms face considerable uncertainty. We model the consequent association between training, profitability and establishment survival. We propose a plausible definition of optimism about training effectiveness, and show that more optimistic firms train more. We then present estimates of the relationship between training and the likelihood of medium-term commercial survival. We find that increased training of non-manual workers in large establishments is associated with a greater chance of survival; however, disaggregation reveals that the association differs across occupational groups. In smaller establishments, increased training for Craft and Technical workers is associated with better chances of survival, while for Professional workers the opposite effect is found.

Item Type: Research report (external)
Projects: [26] Training & Establishment Survival
Uncontrolled keywords: Training, Establishment Survival, Business Performance
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: William Collier
Date Deposited: 25 Jul 2008 09:03
Last Modified: 11 Jul 2014 10:20
Resource URI: http://kar.kent.ac.uk/id/eprint/5402 (The current URI for this page, for reference purposes)
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