Using a randomized experiment in Chile we study the impact role models have in the context of a training program for micro-entrepreneurs. We show that being in a group randomly chosen to be visited by a successful alumnus of the program increases household income one year after, mostly due to increased business participation and business income.
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“I sometimes think that general and popular treatises are almost as important for the progress of science as original work.” - Charles Darwin, 1865.
As the largest encyclopedia in the world, it is not surprising that Wikipedia reflects the state of scientific knowledge. However, Wikipedia is also one of the most accessed websites in the world, including by scientists, which suggests that it also has the potential to shape science. This paper shows that it does.
It is well-established that the effectiveness of pay-for-performance (PfP) schemes depends on employee- and organization-specific factors. However, less is known about the role of external forces. Investigating the role of market competition on the effectiveness of PfP, we theorize that there are two counteracting effects – business stealing and competitor response – that jointly generate an inverted U-shape relationship between PfP effectiveness and competition.
In the context of online developer tournaments this study found that added rivalry is likely to induce higher performance given that failing to exert effort will reduce the likelihood of winning a prize. Tournament organizers can leverage contest size, dividing competitors by ability, and opening entry to all, as policy tools to manipulate the performance of competitors, particularly when changes allow the reallocation of prize money.
I use a field experiment in rural Kenya to study how temporary incentives to save impact long run economic outcomes. Study participants randomly selected to receive large temporary interest rates on an individual bank account had significantly more income and assets 2.5 years after the interest rates expired. These changes are much larger than the short-run impacts on experimental bank account use and almost entirely driven by growth in entrepreneurship.
In the context of an online software development tournament, intermediate disclosure policy increased information and signaling in
the innovation environment. Final disclosure promoted higher levels of entry and effort and independent experimentation; while it generated a diversity of approaches, this led to considerable effort devoted to suboptimal approaches and overall performance achieved.
Working with one of the largest tech incubators in the UK, this trial will deploy a multi-site RCT in two different cities. After pre-selection, entry into the incubator will be randomised for 100 firms per site. The experiment will then explore post-treatment outcomes including survival, recombination, and changes in post-treatment revenue, employment and level of external finance raised.
Using interviews and surveys we will also explore whether different parts of the treatment vary in their effectiveness (e.g. mentoring versus peer to peer interactions).
Will increased exposure to the principles of effectuation accelerate novice entrepreneurs’ development of entrepreneurial expertise? What kind of pedagogical tools and methods can provide that exposure and opportunities for deliberate practice? The principles of effectuation [www.effectuation.org], a set of heuristics underlying how expert entrepreneurs make decisions during new venture creation, are increasingly being used by entrepreneurship educators, consultants and practitioners.
By randomising the information sent to potential investors on AngelList over e-mail, this experiment finds evidence that the founding team of a startup has strong influence over the investor's decision to invest.
Is the GATE Programme/Entrepreneurship training a valid response to various forms of market failure (allocative inefficiency in credit, labour, insurance and human capital markets)? Can such a programme have an effect on business sales, earnings or employees?
Can subtle non-monetary nudges be used to influence intrapreneurial behaviour in a large corporation? Intrapreneurship, or bottom-up entrepreneurial activities by employees from existing firms, can be an important source of innovation and organisational growth. Management of intrapreneurship, however, is highly complex as it is typically considered discretionary behaviour and is generally not formalised in job descriptions.
Creajeunes offers support to young people from poorer neighbourhoods to get them involved in entrepreneurship. Results forthcoming.
An intervention that allowed randomly selected employees in a Chinese travel agency call centre to work from home appeared to have significant positive effects on worker performance.
In the context of a basic, short-term data entry job, unannounced provision of public recognition to employees yielded an economically significant increase in performance. Results suggest that recognition works best when it is provided exclusively, but not too exclusively. The performance increases in exclusive recognition are mainly driven by strong positive responses of non-recipients, which is most likely due to conformity preferences.
In this experiment we will investigate the influence of two online-based entrepreneurship programmes and compare the effects of a programme with experiential design with a programme which is based on lectures by entrepreneurial role models. During this process we will be able to assess in which way the educational dimensions of “mastery experience” and “vicarious learning” influence the entrepreneurial self-efficacy of young pupils as well as their inclination to participate in high-growth oriented entrepreneurial activities.
An encouragement design experiment involving an entrepreneurship reality tv programme and website with business training materials. Results forthcoming.
Women may face more constraints than men to becoming entrepreneurs, but are not poor entrepreneurs. A potentially important factor limiting financial inclusion efforts is inadequate peer support among many women who have potential as entrepreneurs.
Youth entrepreneurship training programme in France. Results forthcoming.
Evaluation comparing the impact of a managerial consulting program with training on export business models in Córdoba, Argentina. Results forthcoming.
A government-led voucher scheme to help SMEs access expert advice on business growth. Results forthcoming.
Workers who sort into institutional settings they prefer may work twice (or many more times) as hard in these preferred settings. This productivity effect is especially important in institutional settings where a taste for competition is strongest.
Firms may face short term barriers when deciding to become exporters. Their production costs may be too high to compete with international prices, or they may perceive quality standard testing to be too risky of an investment. At the same time, the Tunisian government is keen to see more firms become exporters, tapping into international markets for further growth. The government wishes to see its firms produce higher value-added goods.
This on-going project explores how much market protection patents provide. This is being tested in a randomized control trial, where a partner company is abandoning or maintaining patent protection based on whether that patent is in the treatment or control group. We are then analyzing market outcomes for the related products.
Examines a program in Benin that drastically reduces costs to formalize a business, while also offering tax mediation and training. Results forthcoming.
Field experiments have the potential to provide unambiguous causal evidence on innovation topics while simultaneously assisting organisations with their innovation.
A voucher programme for SMEs in Denmark. Results forthcoming.
A business networking programme on firm performance in China, and how groups composition and meeting frequency can facilitate trust and information flows. Results forthcoming.
In this meta-analysis what particularly stands out is the effect of microcredit on female empowerment. With respect to entrepreneurship and economic development outcomes, microcredit appears to have the most value in deprived contexts, but overall, results are highly dependent on context.
What is the impact of different types of knowledge transfer activities on the number and quality of business-science interactions? Motivated by the “European Paradox” (top-notch academic research but much weaker business-science links), this trial will test the impact of two interventions to raise awareness of academic research and connect it to businesses.
Many innovative start-ups and SMEs have good ideas, but do not have these ideas fine-tuned to the stage where they can attract outside funding. Investment readiness programs attempt to help firms to become more ready to attract and accept outside equity funding through a combination of training, mentoring, master classes, and networking.