Identifying and Spurring High-Growth Entrepreneurship: Experimental Evidence from a Business Plan Competition

Almost all firms in developing countries have fewer than 10 workers, with the modal firm consisting of just the owner. Are there potential high-growth entrepreneurs with the ability to grow their firms beyond this size? And, if so, can public policy help alleviate the constraints that prevent these...

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Beteilige Person: McKenzie, David (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C The World Bank 2015
Schriftenreihe:World Bank E-Library Archive
Links:https://doi.org/10.1596/1813-9450-7391
Zusammenfassung:Almost all firms in developing countries have fewer than 10 workers, with the modal firm consisting of just the owner. Are there potential high-growth entrepreneurs with the ability to grow their firms beyond this size? And, if so, can public policy help alleviate the constraints that prevent these entrepreneurs from doing so? A large-scale national business plan competition in Nigeria is used to help provide evidence on these two questions. The competition was launched with much fanfare, and attracted almost 24,000 entrants. Random assignment was used to select some of the winners from a pool of semi-finalists, with US
Umfang:1 Online-Ressource (74 p)
DOI:10.1596/1813-9450-7391