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Firms’ perceptions of obstacles to business: the case of Cambodia

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  • Boccia, Marinella
  • Iammarino, Simona
  • Sean, Chanmony
  • Veung, Naron

Abstract

This paper explores the factors affecting firms’ perception on how important barriers to innovation are in the case of Cambodia. In particular, the study aims to bring the characteristics of Cambodian enterprises to the fore, shedding light on two issues: what the characteristics associated with firm’s perceptions of barriers to their economic and business operations are, and whether differences among their geographical location exist in relation to their assessment of how important such obstacles are. By using data from the World Bank Enterprise Survey 2016 in Cambodia, as well as information drawn from the previous wave of the same survey, the econometric analysis considers the complementarity among different types of obstacles highlighted in the empirical literature as being important from drawing policy implications.

Suggested Citation

  • Boccia, Marinella & Iammarino, Simona & Sean, Chanmony & Veung, Naron, 2024. "Firms’ perceptions of obstacles to business: the case of Cambodia," LSE Research Online Documents on Economics 123702, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:123702
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    References listed on IDEAS

    as
    1. Beck, Thorsten & Demirguc-Kunt, Asli & Laeven, Luc & Maksimovic, Vojislav, 2006. "The determinants of financing obstacles," Journal of International Money and Finance, Elsevier, vol. 25(6), pages 932-952, October.
    2. Galia, Fabrice & Legros, Diego, 2004. "Complementarities between obstacles to innovation: evidence from France," Research Policy, Elsevier, vol. 33(8), pages 1185-1199, October.
    3. Hing, Vutha & Thangavelu, Shandre M. & Kong, Ratha, 2023. "Technology, Innovation, and Firm Competitiveness: Firm Level Analysis in Cambodia," ADBI Working Papers 1353, Asian Development Bank Institute.
    4. Meghana Ayyagari & Asli Demirgüç-Kunt & Vojislav Maksimovic, 2008. "How Important Are Financing Constraints? The Role of Finance in the Business Environment," The World Bank Economic Review, World Bank, vol. 22(3), pages 483-516, November.
    5. D'Souza, Juliet & Megginson, William L. & Ullah, Barkat & Wei, Zuobao, 2017. "Growth and growth obstacles in transition economies: Privatized versus de novo private firms," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 422-438.
    6. Hakansson, Hakan & Ford, David, 2002. "How should companies interact in business networks?," Journal of Business Research, Elsevier, vol. 55(2), pages 133-139, February.
    7. Zakia Jabeen & Jabir Ali & Nadia Yusuf, 2021. "Difference in business obstacles faced by firms across sizes: evidence from enterprise survey data of India," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 71-81, December.
    8. D’Este, Pablo & Iammarino, Simona & Savona, Maria & von Tunzelmann, Nick, 2012. "What hampers innovation? Revealed barriers versus deterring barriers," Research Policy, Elsevier, vol. 41(2), pages 482-488.
    9. Simona Iammarino & Francesca Sanna-Randaccio & Maria Savona, 2009. "The perception of obstacles to innovation. Foreign multinationals and domestic firms in Italy," Revue d'économie industrielle, De Boeck Université, vol. 0(1), pages 75-104.
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    More about this item

    Keywords

    obstacles to business firms; economic development policy; firm perceptions; World Bank survey; Cambodia;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce

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