Who Does (Not) Benefit from Entrepreneurship Programs?
64 Pages Posted: 25 Dec 2015 Last revised: 19 Jul 2017
Date Written: June 6, 2017
We evaluate a technology entrepreneurship training program by comparing career decisions among applicants accepted into the program with unaccepted applicants who are program finalists. We find that program participation is associated with an increased likelihood of subsequent entrepreneurship but that this is not uniform across participants; the estimated relationship between program participation and subsequent entrepreneurial activity is disproportionately lower for applicants with ex-ante resources and capabilities in entrepreneurship, measured by prior entrepreneurship experience. Moreover, we only observe this reduced impact of the program on subsequent entrepreneurial activity for participants that have prior experience in founding a technology company as opposed to other forms of entrepreneurial activity. This suggests the program is more effective for individuals that have otherwise limited access to technology entrepreneurship opportunities.
Keywords: Entrepreneurship Programs, Program Evaluation, Entrepreneurship Training, Access to Resources, Entrepreneurial Capabilities
JEL Classification: J24, L26, M13
Suggested Citation: Suggested Citation