Impact Measurement based on Repeated Randomized Control Trials: The Case of a Training Program to Encourage Social Entrepreneurship

78 Pages Posted: 15 Jan 2016 Last revised: 16 Nov 2020

See all articles by Thomas B. Astebro

Thomas B. Astebro

HEC Paris - Economics and Decision Sciences

Florian Hoos

HEC Paris - Accounting and Management Control Department

Date Written: January 13, 2016

Abstract

Designing effective entrepreneurship training programs is still a challenge despite the investments in training made by governments and private institutions, and its importance for economic growth. We report a case of impact measurement of a social entrepreneurship program based on repeated randomized controlled trials (RCTs), discuss challenges of conducting repeated RCTs, and implications for policy evaluation. Impact measures from the first edition of the program showed no detectable treatment effects. The second edition was adjusted by reducing leadership training and increasing traditional entrepreneurial skills training, and had strong treatment effects on entre-preneurial activities, the creation of a new venture during the program, and subsequent start-up activity. Employing sequential field experiments can improve entrepreneurship training programs despite the challenges of executing RCTs in the field.

Keywords: social entrepreneurship; field experiment; policy evaluation; randomized controlled trial; training

JEL Classification: L26, C93

Suggested Citation

Astebro, Thomas B. and Hoos, Florian, Impact Measurement based on Repeated Randomized Control Trials: The Case of a Training Program to Encourage Social Entrepreneurship (January 13, 2016). HEC Paris Research Paper No. SPE-2016-1128, Available at SSRN: https://ssrn.com/abstract=2715384 or http://dx.doi.org/10.2139/ssrn.2715384

Thomas B. Astebro (Contact Author)

HEC Paris - Economics and Decision Sciences ( email )

Jouy-en-Josas Cedex, 78351
France

HOME PAGE: http://www.hec.edu/Faculty-Research/Faculty-Directory/ASTEBRO-Thomas

Florian Hoos

HEC Paris - Accounting and Management Control Department ( email )

Jouy-en-Josas Cedex
France

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