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How effective are training and mentorship programs for entrepreneurs at promoting entrepreneurial activity? An impact evaluation

Martin Pereyra (), Diego Aboal and Flavia Rovira
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Martin Pereyra: CINVE—Centro de Investigaciones Económicas
Diego Aboal: CINVE—Centro de Investigaciones Económicas
Flavia Rovira: CINVE—Centro de Investigaciones Económicas

SN Business & Economics, 2021, vol. 1, issue 7, 1-21

Abstract: Abstract In this paper, we analyze the impact of a government-sponsored program aimed at promoting entrepreneurial activity in Uruguay. The C-Emprendedor program provides training and mentorship to potential entrepreneurs throughout the process of development of a business. We contribute to the empirical literature on the effects of different entrepreneurial programs, and provide information for policymakers, by conducting a rigorous evaluation of a program designed to foster entrepreneurial activity. Using regression discontinuity methods, we assess the impact of the program on actions taken to create a business, investment, business creation, and employment. We find significant, although non-robust, effects on employment and the probability to take actions aimed at creating a business. No effects were found on investment and the rate of business creation. Our research provides important insights for the better design of public policies aimed at developing entrepreneurship skills.

Keywords: Training and mentorship programs for entrepreneurs; Entrepreneurial activity; Impact evaluation; C31; H25; L26; M53 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s43546-021-00102-4

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