The impact of soft-skills training for entrepreneurs in Jamaica
Research output: Working paper › Working papers
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Bonn: IZA - Forschungsinstitut zur Zukunft der Arbeit, 2019. (IZA Discussion Paper Series; No. 12325).
Research output: Working paper › Working papers
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TY - UNPB
T1 - The impact of soft-skills training for entrepreneurs in Jamaica
AU - Ubfal, Diego
AU - Arráiz, Irani
AU - Beuermann, Diether W.
AU - Frese, Michael
AU - Maffioli, Alessandro
AU - Verch, Daniel
PY - 2019/4/1
Y1 - 2019/4/1
N2 - A randomized control trial with 945 entrepreneurs in Jamaica shows positive shorttermimpacts of soft-skills training on business outcomes. The effects are concentrated among men, and disappear twelve months after the training. We argue that the main channel is increased adoption of recommended business practices, exclusively observed in the short run. We see persistent effects on an incentivized behavioral measure of perseverance after setbacks, a focus of this training. We compare a course focused only on soft-skills to one that combines soft-skills training with traditional business training. The effects of the combined training are never statistically significant.
AB - A randomized control trial with 945 entrepreneurs in Jamaica shows positive shorttermimpacts of soft-skills training on business outcomes. The effects are concentrated among men, and disappear twelve months after the training. We argue that the main channel is increased adoption of recommended business practices, exclusively observed in the short run. We see persistent effects on an incentivized behavioral measure of perseverance after setbacks, a focus of this training. We compare a course focused only on soft-skills to one that combines soft-skills training with traditional business training. The effects of the combined training are never statistically significant.
KW - Business Training
KW - Entrepreneurship
KW - Soft skills
KW - J24, L25, M13, O12
KW - Management studies
KW - Business psychology
M3 - Working papers
T3 - IZA Discussion Paper Series
BT - The impact of soft-skills training for entrepreneurs in Jamaica
PB - IZA - Forschungsinstitut zur Zukunft der Arbeit
CY - Bonn
ER -