Please use this form to submit your study for inclusion into our database. It will be checked by a member of the Innovation Growth Lab team, who may be in contact to ask for more information. Your email address * Your name * Title * The name of the study Short summary A brief description of the project's goals and its current state Abstract <p>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.</p> The full abstract of the study, if available Links http://dx.doi.org/10.2139/ssrn.2632706 Links to any published papers and related discussions Authors * Affiliations Academic and other institutes that the authors of the study are members of Delivery partner Organisations involved in delivering the trial, if appropriate Year Year Year199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026 Month MonthJanFebMarAprMayJunJulAugSepOctNovDec Day Day12345678910111213141516171819202122232425262728293031 Journal Journal publishing the study, if available Publication stage * Working Paper Published Ongoing Research Forthcoming Discussion Paper Research theme * Entrepreneurship Innovation Business Growth Country Country or countries where this study took place. Topics What sort of topics does the study cover? Sample attributes Hypotheses / research question What is the effect of training in goal setting and providing an environment that encourages accountability on entrepreneurs' human capital? Sample Trial population and sample selection Participants in the Entrepreneur Launch Pad training programme. Number of treatment groups Size of treatment groups Size of control group Unit of analysis Clustered? Yes No Cluster details Trial attributes Treatment description This paper explores the effectiveness of goal setting and accountability within group-based entrepreneurship initiatives in creating human capital. The intervention required all participants to voluntarily produce a MOKR document, which stands for Mission, Objectives, and Key Results. It is a simple two-page document in which the entrepreneur sets three month goals that help to build or grow their own business. Participants tracked their progress against this plan and workshopped with others on the programme to improve their plan and Rounds of data collection Baseline data collection and method Data collection method and data collected Evaluation Outcome variables <p>Participants' ability to solve problems on their own and to get what they want and self-reported skill measurements, including networking and deal making. </p> Results <p>The experiment showed that goal setting and accountability can have a positive effect on entrepreneurs' levels of human capital.</p> Intervention costs Cost benefit ratio Reference Haines, H. (2014). 'The Effectiveness of Goal Setting and Accountability in Group-Based Entrepreneurship Initiatives'. Working paper. Citation for use in academic references
