Tag
informational_barriers
2 findings
Firms & operationsInformational Barriers to Management Practice AdoptionPrior to intervention, uncommon management practices had a 98.5% non-adoption rate, driven by lack of awareness (64.0%) and incorrect profitability beliefs (30.9%). Providing management information decreased uncommon practice non-adoption by 35.3 percentage points after 9 months.RCTFirms & operationsInformational Barriers to Management Practice AdoptionAt baseline, 45% of non-adoption of common operational practices stemmed from incorrect information regarding profitability, while 64% of non-adoption of uncommon practices was caused by a complete lack of awareness.RCT