Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/103113 
Year of Publication: 
2014
Series/Report no.: 
CESifo Working Paper No. 4960
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate testable predictions regarding heterogeneous treatment effects from such programs. Using a large randomized evaluation in the United States, we find no strong or lasting effects on those most likely to face credit or human capital constraints, or labor market discrimination. We do find a short-run effect on business ownership for those unemployed at baseline, but this dissipates at longer horizons. Treatment effects on the full sample are also short-term and limited in scope: we do not find effects on business sales, earnings, or employees.
Subjects: 
entrepreneurship
training
random experiment
evaluation
self-employment
JEL: 
J24
L26
Document Type: 
Working Paper
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