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New Ideas in Business Growth: Financial Literacy, Firm Dynamics and Entrepreneurial Environment

new ideas in business 3

The Development Research Group at the World Bank is hosting a one-day conference on “New Ideas in Business Growth: Financial Literacy, Firm Dynamics and Entrepreneurial Environment” on March 30, 2011 in Washington DC. This conference will serve as a platform for researchers and policy makers to exchange ideas and share recent findings on policies and programs that can promote business growth for all levels of enterprises. The conference is open to a range of topics related to business growth and to papers using both experimental and non-experimental methods.

If you are interested in attending and require further details, please contact Paulina Sintim-Aboagye at the World Bank.

Agenda

Wednesday, March 30, 2011

8:30 AM

Breakfast

9:00 AM

Opening Remarks 
 Janamitra Devan, Vice President and Head of Financial & Private Sector Development Network (World Bank)
  

9:15 AM

 SESSION 1: FINANCIAL LITERACY FOR ENTREPRENEURS I 
 Chair: Janamitra Devan, Vice President and Head of Financial & Private Sector Development Network (World Bank)
  
 "Business and Financial Literacy for Young Entrepreneurs – Evidence from Bosnia-Herzegovina"
Authors: Miriam Bruhn (World Bank) and Bilal Zia (World Bank) [Presentation]
Discussant: Margaret Miller (World Bank) [Presentation]
  
 "Money or Ideas? A Field Experiment on Constraints to Entrepreneurship in Rural Pakistan"
Authors: Xavier Gine (World Bank) and Ghazala Mansuri (World Bank) [Presentation]
Discussant: Elena Bardasi (World Bank) (Presentation)
  
 "Keeping it Simple – Financial Literacy and Rules of Thumb"
Authors: Alejandro Drexler (University of Texas, Austin), Greg Fischer (London School of Economics) and Antoinette Schoar (Massachusetts Institute of Technology) [Presentation]
Discussant: Jonathan Robinson (University of California, Santa Cruz)
  

10:45 AM

Coffee break
  

11:00 AM

 SESSION 2: IMPROVING THE BUSINESS ENVIRONMENT
 Chair: Simon Bell, Sector Manager of Finance & Private Sector Development, Middle East & North Africa Region (World Bank)
  
 "The Impact of Business Environment Reforms on New Firm Registration"
Authors: Leora Klapper (World Bank) and Inessa Love (World Bank) [Presentation]
Discussant: Mary Hallward-Driemeier (World Bank) [Presentation]
  
 "What is the Cost of Formality? Experimentally Estimating the Demand for Formalization"
Authors: Suresh de Mel (University of Peradeniya), David McKenzie (World Bank) and Christopher Woodruff (University of Warwick) [Presentation]
Discussant: Leora Klapper (World Bank) [Presentation]
  
 "Do Entry Regulations Deter Entrepreneurship and Job Creation? Evidence from Recent Reforms in Portugal"
Authors: Lee Branstetter (Carnegie Mellon University), Francisco Lima (Technical University of Lisbon) Lowell Taylor (Carnegie Mellon University) and Ana Venancio (Carnegie Mellon University) [Presentation]
Discussant: Carmen Pages (Inter-American Development Bank) [Presentation]
 

12:30 PM

Lunch break
 

1:45 PM

EXPERT DISCUSSION SESSION
 Moderated by: Asli Demirguc-Kunt, Chief Economist, Financial & Private Sector Development Network and Senior Research Manager, Finance & Private Sector, Development Research Group (World Bank)
 

Panelists: Abhijit Banerjee (Massachusetts Institute of Technology) Antoinette Schoar (Massachusetts Institute of Technology), Monika Weber-Fahr (International Finance Corporation), Marilou Uy (World Bank)

 

3:00 PM

 SESSION 3: FINANCIAL LITERACY FOR ENTREPRENEURS II 
 Chair: Tilman Ehrbeck, Director, Consultative Group to Assist the Poor (World Bank)
  
 "Business Training and Female Enterprise Start-up and Growth in Sri Lanka"
Authors: Suresh de Mel (University of Peradeniya), David McKenzie (World Bank), Christopher Woodruff (University of Warwick) [Presentation]
Discussant: Rita Almeida (World Bank) [Presentation]
 
 "Business Literacy and Development: Evidence from a Randomized Trial in Rural Mexico"
Authors: Gabriela Calderon (Stanford University), Jesse Cunha (Naval Postgraduate School) , Giacomo De Giorgi (Stanford University) [Presentation]
Disscussant: Silvia Prina (Case Western Reserve University) [Presentation]
  
 

"Publicly Funded Business Advisory Services and Entrepreneurial Outcomes"
Authors: Douglas Cumming (York University), Eileen Fischer(York University) [Presentation]
Discussant: Louise Fox (World Bank)

  

4:30 PM

Coffee break
 

4:45 PM

SESSION 4: FIRM ORGANIZATION AND DYNAMICS 
 Chair: Justin Lin, Senior Vice President & Chief Economist, Development Economics (World Bank)
  
 "The Life Cycle of Plants in India and Mexico"
Authors: Chang-Tai Hsieh (University of Chicago), Pete Klenow (Stanford University) [Presentation
Discussant: Aart Kraay (World Bank) [Presentation] 
  
 "Bribes for Sales: Evidence from the Second Set of Books"
Authors: Shawn Cole (Harvard University), Anh Tran (Indiana University)
Discussant: Siddarth Sharma (World Bank) [Presentation]
  
 "Fighting Procrastination in the Workplace: An Experiment"
Authors: Ximena Cadena (Harvard University), Alexandra Cristea (Ideas42), Heber M. Delgado-Medrano (Innovations for Poverty Action), Antoinette Schoar (Massachusetts Institute of Technology) [Presentation]
Discussant: Santosh Anagol (University of Pennsylvania) [Presentation]
  




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