many researches have depicted there is no significant and positive correlation between it and firm level performance, called productivity paradox, so as successful investment on it depends on taking into account the role of complementary assets such as business processes and organizational infrastructures. on the other hand, since there are not enough resources to invest on all these assets, th...

This paper evaluates the effect of development project aid from World Bank and China on firms' sales growth, using a large dataset 110864 firms, spanning 121 countries between 2001 2016. We find that, contrary to Bank, Chinese ODA projects increase, average, firm and, compared sector-specific, region-specific positively affect performance. Finally, we show that positive is stronger for firms la...