| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w21084
|
| 来源ID | Working Paper 21084
|
| Aspire |
| Marcel Fafchamps; Simon Quinn
|
| 发表日期 | 2015-04-13
|
| 出版年 | 2015
|
| 语种 | 英语
|
| 摘要 | We gave US$1,000 cash prizes to winners of a business plan competition in Africa. The competition, entitled ‘Aspire’, was intended to attract young individuals aspiring to become entrepreneurs. Participants were ranked by committees of judges composed of established entrepreneurs. Each committee selected one winner among twelve candidates; that winner was awarded a prize of US$1,000 to spend at his or her discretion. Six months after the competition, we compare winners with the two runners-up in each committee: winners are about 33 percentage points more likely to be self-employed. We estimate an average effect on monthly profits of about US$150: an annual profit of 80% on initial investment. Our findings imply that access to start-up capital constitutes a sizable barrier to entry into entrepreneurship for the kind of young motivated individual most likely to succeed in business. |
| 主题 | Industrial Organization
; Firm Behavior
; Development and Growth
; Development
|
| URL | https://www.nber.org/papers/w21084
|
| 来源智库 | National Bureau of Economic Research (United States)
|
| 引用统计 |
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578759
|
推荐引用方式
GB/T 7714 |
Marcel Fafchamps,Simon Quinn. Aspire. 2015.
|
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