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来源类型Working Paper
规范类型报告
DOI10.3386/w28845
来源IDWorking Paper 28845
Making Entrepreneurs: Returns to Training Youth in Hard Versus Soft Business Skills
Laura Chioda; David Contreras-Loya; Paul Gertler; Dana Carney
发表日期2021-05-24
出版年2021
语种英语
摘要We study the medium-term impacts of the Skills for Effective Entrepreneurship Development (SEED) program, an innovative in-residence 3-week mini-MBA program for high school students modeled after western business school curricula and adapted to the Ugandan context. The program featured two separate treatments: the hard-skills MBA features a mix of approximately 75% hard skills and 25% soft skills; the soft skills curriculum has the reverse mix. Using data on 4400 youth from a nationally representative sample in a 3-arm field experiment in Uganda, the 3.5 year follow-up demonstrated that training was effective in improving both hard and soft skills, but only soft skills were directly linked to improvements in self-efficacy, persuasion, and negotiation. The skill upgrade was rewarded in substantially higher earnings; 32.1% and 29.8% increases in earnings for those who attended hard- and soft-training, respectively, most of which, was generated through self-mployment. Furthermore, youth in both groups were more likely to start enterprises and more successful in ensuring their businesses' survival. The program led to significantly larger profits (24.2% and 27.2% for hard- and soft- treatment arms respectively) and larger business capital investments (38.4% and 32.6% for SEED hard and SEED soft, respectively). Both SEED curricula were very cost-effective; two months worth of the extra earnings caused by the training alone would exceed the cost of the program. These benefits abstract from the job- and business-creation benefits of the program, which were substantial: relative to the control group, SEED entrepreneurs created 985 additional jobs and 550 new businesses.
主题Labor Economics ; Labor Supply and Demand ; Industrial Organization ; Firm Behavior ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w28845
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586519
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Laura Chioda,David Contreras-Loya,Paul Gertler,et al. Making Entrepreneurs: Returns to Training Youth in Hard Versus Soft Business Skills. 2021.
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