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The Impact of Entrepreneurship Education on Entrepreneurship Competencies and Intentions: An Evaluation of the Junior Achievement Student Mini-Company ProgramHessel OosterbeekUniversity of Amsterdam - Research Institute in Economics & Econometrics (RESAM); Tinbergen Institute Amsterdam (TIA); Institute for the Study of Labor (IZA) Mirjam Van PraagUniversity of Amsterdam - Department of Economics; Tinbergen Institute; Institute for the Study of Labor (IZA); Tinbergen Institute; Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Economics Auke IJsselsteinUniversity of Amsterdam IZA Discussion Paper No. 3641 Abstract: This paper analyzes the impact of a leading entrepreneurship education program on college students' entrepreneurship competencies and intentions using an instrumental variables approach in a difference-in-differences framework. We exploit that the program was offered to students at one location of a school but not at another location of the same school. Location choice (and thereby treatment) is instrumented by the relative distance of locations to parents' place of residence. The results show that the program does not have the intendedeffects: the effect on students' self-assessed entrepreneurial skills is insignificant and the effect on the intention to become an entrepreneur is even significantly negative.
Number of Pages in PDF File: 26 Keywords: entrepreneurship education, program evaluation, entrepreneur competencies, entrepreneur intentions JEL Classification: A20, C31, H43, H75, 120, J24, L26 working papers seriesDate posted: August 18, 2008Suggested CitationContact Information
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