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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

Listed:
  • Hessel Oosterbeek
  • Mirjam van Praag

    (Max Planck Institute for Economics, Jena)

  • Auke IJsselstein

Abstract

Both the European Community, its member countries and the United States have stimulated schools to implement entrepreneurship programs into schooling curricula on a large scale, based on the idea that entrepreneurial competencies and mindsets must be developed at school. The leading and acclaimed worldwide program is the Junior Achievement Student Mini-Company Program. Nevertheless, so far, its effects on students? entrepreneurship competencies and attitudes have not been evaluated. This paper analyzes the impact of the program in a Dutch college using an instrumental variables approach in a difference-in-differences framework. The results show that the program does not have the intended effects: students? self-assessed entrepreneurial skills remain unaffected and students? intentions to become an entrepreneur even decrease significantly.

Suggested Citation

  • Hessel Oosterbeek & Mirjam van Praag & Auke IJsselstein, 2008. "The impact of entrepreneurship education on entrepreneurship competencies and intentions: An evaluation of the Junior Achievement Student Mini-Company Program," Jena Economic Research Papers 2008-027, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2008-027
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    References listed on IDEAS

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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. 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).
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. 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.
    2. Oliver Falck & Stephan Heblich & Elke Lüdemann, 2009. "Identity and Entrepreneurship," CESifo Working Paper Series 2661, CESifo.
    3. 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.
    4. 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, March.
    5. 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.
    6. 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

    Entrepreneurship education; program evaluation; entrepreneur competencies; entrepreneur intentions;
    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
    • I20 - Health, Education, and Welfare - - Education - - - General
    • 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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