Who Does (Not) Benefit from Entrepreneurship Programs?

64 Pages Posted: 25 Dec 2015 Last revised: 19 Jul 2017

See all articles by Elizabeth Lyons

Elizabeth Lyons

University of California, San Diego (UCSD)

Laurina Zhang

Boston University - Questrom School of Business

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

Lyons, Elizabeth and Zhang, Laurina, Who Does (Not) Benefit from Entrepreneurship Programs? (June 6, 2017). Available at SSRN: https://ssrn.com/abstract=2707819 or http://dx.doi.org/10.2139/ssrn.2707819

Elizabeth Lyons

University of California, San Diego (UCSD) ( email )

9500 Gilman Drive
Mail Code 0502
La Jolla, CA 92093-0112
United States

Laurina Zhang (Contact Author)

Boston University - Questrom School of Business ( email )

595 Commonwealth Avenue
Boston, MA MA 02215
United States

HOME PAGE: http://https://www.bu.edu/questrom/profile/laurina-zhang/

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