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首页> 外文期刊>Journal of Small Business and Enterprise Development >Estimating the capital assets of Laotian entrepreneurial families to compete in the garment industry
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Estimating the capital assets of Laotian entrepreneurial families to compete in the garment industry

机译：估计老挝创业家庭的资本资产在服装业中竞争

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Purpose - The Lao People's Democratic Republic (Lao FDR) has a socialist transition economy with a high growth rate of entrepreneurial families compared to other member states of the Association of Southeast Asian Nations (ASEAN) Economic Community. A significant challenge for entrepreneurial family growth includes vigorously seeking the capital assets necessary for their survival, due to ongoing competition. The purpose of this paper is to estimate the capital assets of Laotian entrepreneurial families require to be competitive in the garment industry. Design/methodology/approach - The study adopted a multi-stage sampling technique, with a representative sample size of 350 Laotian entrepreneurial families. The approach was a structural schedule interview at participating families home addresses between August and December 2017. The study uses a three-stage least squares (3SLS) regression model to estimate whether capital assets have a positive association with competition and was organised with the assistance of Stata 16, a software programme. Findings - The main findings show that, using the 3SLS regression model as the instrument, the values are almost identical and fit the data well. The model shows that capital assets (human, financial, social, physical and natural) have a positive and significant relationship with competition. The study suggests that financial capital is a major determinant of the capital assets to build competitive advantage. Originality/value - To the best of the authors' knowledge, this is the first research to estimate the capital assets of Laotian entrepreneurial families in Vientiane, Lao PDR. The findings contribute to research about existing optimal capital assets that can be used to maintain long-term competitive advantage.
机译：目的 - 老挝人民民主共和国（老FDR）与东南亚国公会协会（东盟）经济共同体的其他成员国相比，具有社会主义过渡经济，具有高增长的企业家家庭。创业家庭增长的一项重大挑战包括大力寻求由于持续竞争而在生存所需的资本资产。本文的目的是估计老挝企业家家庭的资本资产需要在服装行业中具有竞争力。设计/方法/方法 - 该研究采用了一种多级采样技术，具有350个老挝创业家庭的代表性样本。该方法是2017年8月至12月之间参与家庭住址的结构表访谈。该研究使用三阶段最小二乘（3SLS）回归模型来估计资本资产是否与竞争有积极的关系，并在援助方面组织Stata 16，软件程序。调查结果 - 主要研究结果表明，使用3SLS回归模型作为仪器，这些值几乎相同并符合数据。该模型显示资本资产（人力，财务，社会，物理和自然）与竞争有积极和重要的关系。该研究表明，金融资本是建立竞争优势的资本资产的主要决定因素。原创性/价值 - 据作者所知，这是第一个估算老挝人民主义者的老挝企业家家庭资本资产的研究。这些调查结果有助于研究现有的最佳资本资产，可用于维持长期竞争优势。

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