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.
IGL database (beta)
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.
Can internship programmes provide young entrepreneurs with valuable experiential learning on successful management practices? This pilot study confirms the viability of such a programme in promoting 'learning by doing', and builds the foundation for a full-scale internship experiment beginning in 2015.
Many resources, such as business acumen are thought to feed into entrepreneurial success. However, an open question is whether the tools and frameworks available to nascent startups are causally related to their successes in the areas of financing, employment and revenue growth, valuations, etc. In this study, we use a large-scale RCT to assess the impact of entrepreneurship skills training on startup decisions and outcomes across the U.S. In the study, startups associated co-working spaces are offered payment to complete a series of surveys tracking their outcomes over two years.
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 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.
This study aims to carry out an evaluation of the long-term impacts of an innovative school-based intervention designed to enhance the ability of youth to engage and succeed in both formal employment and entrepreneurial activities in Uganda, ultimately leading to improvements in livelihood. The findings will inform future interventions (in Uganda, Rwanda, and Kenya) to help more young people overcome obstacles to successful entrepreneurship and labor market participation, such as gender-related barriers, thereby improving their livelihoods and socioeconomic security.
An encouragement design experiment involving an entrepreneurship reality tv programme and website with business training materials. Results forthcoming.
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.
The Growth Impact Pilot, launched in April 2014, is a research project on the impact of business advice (coaching), supported by the UK Government. The Growth Impact Pilot will assess whether the provision of Growth Accelerator coaching is the reason why firms on the service achieve high rates of growth, or whether this growth would have happened anyway. It is designed to assess the impact of coaching by comparing two groups:
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.
Programs targeting micro businesses have become increasingly common in developing countries, particularly because micro enterprises employ a substantial fraction of individuals in these economies (about 47 percent in Mexico) and because the majority of these micro enterprises tend to stay small and have low productivity Many programs aimed at fostering the growth of micro and small businesses have focused on providing credits or offering business and financial training, since access to credit and lack of managerial skills are believed to limit the success of this type of businesses (Bruhn e
We propose to implement and evaluate a soft-skills training program among mid- and upper-level managers in textile factories in India. The goal of the intervention and evaluation is to investigate constraints to firm performance due to managerial human capital, and to contribute to the understanding of how improved management can translate into better working conditions for workers. We will evaluate this program through a multi-step randomized controlled trial in 41 factories operated by a large textile firm based in Bangalore, India.
A voucher programme for SMEs in Denmark. 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.
The adoption of new clinical practice patterns by medical care providers is often challenging, even when they are believed to be both efficacious and profitable. This paper uses a randomized field experiment to examine the effects of temporary financial incentives paid to medical care clinics for the initiation of prenatal care in the first trimester of pregnancy. The rate of early initiation of prenatal care was 34% higher in the treatment group than in the control group while the incentives were being paid, and this effect persisted at least 24 months or more after the incentives ended.
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.
Organizations that depend on voluntary contributions face unique managerial challenges. In this project, we examine whether emphasizing the salience of project output (i.e., project outcome) or project input (i.e., labor costs) affect the quantity and quality of contributions using a randomized field experiment on the world's largest crowd science platform. We manipulate whether participants receive information that emphasizes their contribution to the eventual outcome of a task or information that emphasizes their contribution to the labor required for a task.
How do different types of proximity impact collaboration and knowledge generation? How should we design research campuses to maximize the probability of breakthrough innovation taking place? Although information and communication technology has substantially lowered the cost of remote interactions, physical space and geographic proximity still play a major role in inventive activity. This project will explore how a research-intensive academic campus should be designed to increase the probability of breakthrough innovations taking place.