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The Impact of Soft-Skills Training for Entrepreneurs in Jamaica

Irani Arraiz, Diether Beuermann (), Michael Frese, Alessandro Maffioli, Daniel Verch and Diego Ubfal ()

No 10399, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: A randomized controlled trial with 945 entrepreneurs in Jamaica shows positive short-term impacts of soft-skills training on business outcomes. The effects are concentrated among men and disappear 12 months after the training. The main channel is increased adoption of recommended business practices, exclusively observed in the short run. Persistent effects were observed on an incentivized behavioral measure of perseverance after setbacks, a focus of this training. An intensive course on soft-skills was compared to one that combines soft-skills with traditional business training. The effects of the combined training are never statistically significant.

Keywords: soft skills; entrepreneurship; business training (search for similar items in EconPapers)
JEL-codes: O12 J24 M13 L25 (search for similar items in EconPapers)
Date: 2020-07
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Related works:
Working Paper: The Impact of Soft-Skills Training for Entrepreneurs in Jamaica (2019) Downloads
Working Paper: The Impact of Soft-Skills Training for Entrepreneurs in Jamaica (2019) Downloads
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