Entrepreneurship Programs in Developing Countries: A Meta Regression Analysis

65 Pages Posted: 13 Apr 2013

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Abstract

This paper provides a synthetic and systematic review on the effectiveness of various entrepreneurship programs in developing countries. We adopt a meta-regression analysis using 37 impact evaluation studies that were in the public domain by March 2012, and draw out several lessons on the design of the programs. We observe a wide variation in program effectiveness across different interventions depending on outcomes, types of beneficiaries, and country context. Overall, entrepreneurship programs have a positive and large impact for youth and on business knowledge and practice, but no immediate translation into business set-up and expansion or increased income. At a disaggregate level by outcome groups, providing a package of training and financing is more effective for labor activities. Additionally, financing support appears more effective for women and business training for existing entrepreneurs than other interventions to improve business performance.

Keywords: meta regression analysis, entrepreneurship programs, microenterprise development, training, financing, counseling

JEL Classification: O12, O16, J24

Suggested Citation

Cho, Yoonyoung and Honorati, Maddalena, Entrepreneurship Programs in Developing Countries: A Meta Regression Analysis. IZA Discussion Paper No. 7333, Available at SSRN: https://ssrn.com/abstract=2250332

Yoonyoung Cho (Contact Author)

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Maddalena Honorati

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

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