What question did this study set out to answer?

To explore how human capital efficiency influences firm performance across various sectors in Vietnam from 2011 to 2018.

Human capital efficiency and firm performance across sectors in an emerging market

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Randomized trial examines human capital's impact on firm performance in Vietnam, suggesting sector-specific implications.

To explore how human capital efficiency influences firm performance across various sectors in Vietnam from 2011 to 2018.
Examined 12 sectors of the Vietnamese economy from 2011 to 2018
Utilized the value-added intellectual coefficient (VAIC) model
Applied generalized method of moments (GMM) technique for analysis.
Human capital efficiency positively contributes to firm performance across sectors in Vietnam.
The banking sector does not exhibit the highest human capital accumulation as expected.
Oil, gas, and energy sectors show the highest levels of human capital efficiency.

Tran et al. (2020) studied this question.

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