Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/321219 
Year of Publication: 
2025
Citation: 
[Journal:] Administrative Sciences [ISSN:] 2076-3387 [Volume:] 15 [Issue:] 3 [Article No.:] 75 [Year:] 2025 [Pages:] 1-24
Publisher: 
MDPI, Basel
Abstract: 
We explore the question of whether entrepreneurial education matters for medium-sized venture performance. We do so to better understand the conflicting evidence indicating that, while such education appears to have significant positive micro-level effects, it has no significant macro-level effects. The growing investment in entrepreneurial education has increased intentions and start-up rates in treatment effects studies but has yet to make an impact on national start-up or survival rates. To address the contradiction, we apply a different empirical approach-one based on the capabilities view-where we survey venture entrepreneurs about their firm's performance and their education in order to determine whether their skills-enhancing entrepreneurial training is or is not a key driver of success. We find that while that training significantly increases their confidence, when taken as a whole-as a multidimensional measure-that entrepreneurial education does not significantly influence venture performance. We discuss the implications for research, policy, and education.
Subjects: 
capabilities view
entrepreneurial education
medium-sized enterprises
real options value
survey
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
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