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The Impact of Entrepreneurship Education on Entrepreneurship Competencies and Intentions: An Evaluation of the Junior Achievement Student Mini-Company Program

Author

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  • Oosterbeek, Hessel

    (University of Amsterdam)

  • van Praag, Mirjam C.

    (Copenhagen Business School)

  • IJsselstein, Auke

    (University of Amsterdam)

Abstract

This paper analyzes the impact of a leading entrepreneurship education program on college students’ entrepreneurship competencies and intentions using an instrumental variables approach in a difference-in-differences framework. We exploit that the program was offered to students at one location of a school but not at another location of the same school. Location choice (and thereby treatment) is instrumented by the relative distance of locations to parents’ place of residence. The results show that the program does not have the intended effects: the effect on students’ self-assessed entrepreneurial skills is insignificant and the effect on the intention to become an entrepreneur is even significantly negative.

Suggested Citation

  • Oosterbeek, Hessel & van Praag, Mirjam C. & IJsselstein, Auke, 2008. "The Impact of Entrepreneurship Education on Entrepreneurship Competencies and Intentions: An Evaluation of the Junior Achievement Student Mini-Company Program," IZA Discussion Papers 3641, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp3641
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    1. Dean Karlan & Martin Valdivia, 2011. "Teaching Entrepreneurship: Impact of Business Training on Microfinance Clients and Institutions," The Review of Economics and Statistics, MIT Press, vol. 93(2), pages 510-527, May.
    2. Edwin Leuven & Mikael Lindahl & Hessel Oosterbeek & Dinand Webbink, 2007. "The Effect of Extra Funding for Disadvantaged Pupils on Achievement," The Review of Economics and Statistics, MIT Press, vol. 89(4), pages 721-736, November.
    3. Donald F. Kuratko, 2005. "The Emergence of Entrepreneurship Education: Development, Trends, and Challenges," Entrepreneurship Theory and Practice, , vol. 29(5), pages 577-597, September.
    4. van der Sluis, Justin & van Praag, Mirjam C. & van Witteloostuijn, Arjen, 2007. "Why Are the Returns to Education Higher for Entrepreneurs than for Employees?," IZA Discussion Papers 3058, Institute of Labor Economics (IZA).
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    Cited by:

    1. Peter van der Zwan & Ingrid Verheul & Roy Thurik & Isabel Grilo, 2009. "Entrepreneurial Progress: Climbing the Entrepreneurial Ladder in Europe and the US," Tinbergen Institute Discussion Papers 09-070/3, Tinbergen Institute, revised 17 Mar 2010.
    2. Abdullah Al Mamun, 2016. "Access to Credit, Education and Entrepreneurial Competencies: A Study among Women Micro-entrepreneurs in Malaysia," Vision, , vol. 20(3), pages 159-168, September.
    3. Agnieszka Kurczewska & Paula Kyrö & Amal Abbas, 2014. "Transformative Capacity of Entrepreneurship Education in Two Different Cultural Settings — Morphogenetic Analysis of Egypt and Finland," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 22(04), pages 401-435.
    4. Jahangir Yadollahi Farsi & Abolghasem Arabiun & Mahmood Moradi, 2012. "The Impact of Opportunity Recognition Skills Training On Entrepreneurial Intention of Female Nursing Students," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 2(4), pages 1-6, August.
    5. Oliver Falck & Stephan Heblich & Elke Lüdemann, 2009. "Identity and Entrepreneurship," CESifo Working Paper Series 2661, CESifo.
    6. Premand, Patrick & Brodmann, Stefanie & Almeida, Rita K. & Grun, Rebekka & Barouni, Mahdi, 2012. "Entrepreneurship Training and Self-Employment among University Graduates: Evidence from a Randomized Trial in Tunisia," IZA Discussion Papers 7079, Institute of Labor Economics (IZA).
    7. Åstebro, Thomas & Bazzazian, Navid & Braguinsky, Serguey, 2012. "Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy," Research Policy, Elsevier, vol. 41(4), pages 663-677.
    8. Premand, Patrick & Brodmann, Stefanie & Almeida, Rita & Grun, Rebekka & Barouni, Mahdi, 2016. "Entrepreneurship Education and Entry into Self-Employment Among University Graduates," World Development, Elsevier, vol. 77(C), pages 311-327.
    9. von Graevenitz, Georg & Harhoff, Dietmar & Weber, Richard, 2010. "The effects of entrepreneurship education," Journal of Economic Behavior & Organization, Elsevier, vol. 76(1), pages 90-112, October.
    10. Müller, Bettina & Rammer, Christian, 2012. "Start-up promotion instruments in OECD countries and their application in developing countries," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 110561.
    11. Nicole GÖLER von RAVENSBURG, 2017. "Pupils’ cooperatives and the acquisition of competences for sustainable development," CIRIEC Working Papers 1701, CIRIEC - Université de Liège.
    12. Alexander Krieger & Michael Stuetzer & Martin Obschonka & Katariina Salmela-Aro, 2022. "The growth of entrepreneurial human capital: origins and development of skill variety," Small Business Economics, Springer, vol. 59(2), pages 645-664, August.
    13. Muhammad Faisal Sultan & Hafiz Muhammad Shrif & Aqsa Maqsood, 2016. "Impact of Entrepreneurial Education on Students Entrepreneurial Intentions," KASBIT Business Journals (KBJ), Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 9(1), pages 131-153, December.
    14. Navid Bazzazian & Thomas Astebro, 2011. "Universities, Entrepreneurship and Local Economic Development," ERSA conference papers ersa10p822, European Regional Science Association.
    15. Meng-Lei Monica Hu & Yu-Hsi Yuan, 2020. "Constructing the Assessment Scale of Youth’s Restaurant Entrepreneurship Competency: The Case of Taiwan," SAGE Open, , vol. 10(1), pages 21582440199, January.
    16. Carsten Quesel & Guido Moeser & Susanne Burren, 2017. "Mini-companies as “greenhouses” of economic competence: a longitudinal study of “Young Enterprise Switzerland”," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 7(1), pages 1-14, December.

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    More about this item

    Keywords

    entrepreneur intentions; entrepreneurship education; program evaluation; entrepreneur competencies;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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