This paper explores the effectiveness of goal setting and accountability within group-based entrepreneurship initiatives in creating human capital. The study uses a randomized cluster trial to compare the experimental and control groups of entrepreneurs. The results suggest that frequent goal setting and accountability in group settings provides a greater number of learning experiences and human capital development opportunities available to entrepreneurs than those that did not engage in the same level of goal setting.
Participants' ability to solve problems on their own and to get what they want and self-reported skill measurements, including networking and deal making.
The experiment showed that goal setting and accountability can have a positive effect on entrepreneurs' levels of human capital.