Publication: Teaching Personal Initiative Beats Traditional Training in Boosting Small Business in West Africa
dc.contributor.author | Campos, Francisco | |
dc.contributor.author | Frese, Michael | |
dc.contributor.author | Goldstein, Markus | |
dc.contributor.author | Iacovone, Leonardo | |
dc.contributor.author | Johnson, Hillary C. | |
dc.contributor.author | McKenzie, David | |
dc.contributor.author | Mensmann, Mona | |
dc.date.accessioned | 2017-09-25T14:00:41Z | |
dc.date.available | 2017-09-25T14:00:41Z | |
dc.date.issued | 2017-09-22 | |
dc.description.abstract | Standard business training programs aim to boost the incomes of the millions of self-employed business owners in developing countries by teaching basic financial and marketing practices, yet the impacts of such programs are mixed. We tested whether a psychology-based personal initiative training approach, which teaches a proactive mindset and focuses on entrepreneurial behaviors, could have more success. A randomized controlled trial in Togo assigned microenterprise owners to a control group (n = 500), a leading business training program (n = 500), or a personal initiative training program (n = 500). Four follow-up surveys tracked outcomes for firms over 2 years and showed that personal initiative training increased firm profits by 30%, compared with a statistically insignificant 11% for traditional training. The training is cost-effective, paying for itself within 1 year. This is the author's version of the work. It is posted here by permission of the AAAS for personal use, not for redistribution. The definitive version was published in Science Vol 357, issue 6357: 1287-90. | en |
dc.identifier.citation | Science | |
dc.identifier.doi | 10.1596/28386 | |
dc.identifier.uri | https://hdl.handle.net/10986/28386 | |
dc.language.iso | en_US | |
dc.publisher | American Association for the Advancement of Science | |
dc.rights | All rights reserved by the AAAS | |
dc.rights.holder | World Bank | |
dc.subject | SKILLS DEVELOPMENT | |
dc.subject | BUSINESS TRAINING | |
dc.subject | MARKETING | |
dc.subject | ENTREPRENEURSHIP | |
dc.subject | MICROENTERPRISE | |
dc.subject | AFRICA GENDER POLICY | |
dc.subject | GENDER INNOVATION LAB | |
dc.subject | WOMEN AND PRIVATE SECTOR DEVELOPMENT | |
dc.title | Teaching Personal Initiative Beats Traditional Training in Boosting Small Business in West Africa | en |
dc.type | Journal Article | en |
dc.type | Article de journal | fr |
dc.type | ArtÃculo de revista | es |
dspace.entity.type | Publication | |
okr.associatedcontent | http://science.sciencemag.org/content/357/6357/1287 Journal website (version of record) | |
okr.crossref.title | Teaching Personal Initiative Beats Traditional Training in Boosting Small Business in West Africa | |
okr.date.disclosure | 2017-09-25 | |
okr.doctype | Publications & Research::Journal Article | |
okr.doctype | Publications & Research | |
okr.externalcontent | External Content | |
okr.guid | 194801511500825414 | |
okr.identifier.doi | 10.1126/science.aan5329 | |
okr.identifier.doi | 10.1596/28386 | |
okr.identifier.report | 121461 | |
okr.journal.nbpages | 1287-90 | |
okr.language.supported | en | |
okr.peerreview | Academic Peer Review | |
okr.region.administrative | Africa | |
okr.region.geographical | West Africa | |
okr.topic | Education::Lifelong Learning | |
okr.topic | Private Sector Development::Business Development Services | |
okr.topic | Private Sector Development::Enterprise Development & Reform | |
okr.topic | Private Sector Development::Microenterprises | |
okr.topic | Social Protections and Labor::Skills Development and Labor Force Training | |
okr.volume | 357(6357) | |
relation.isAuthorOfPublication | 442e6ddc-d567-5db8-8fea-62f71781ad6a | |
relation.isAuthorOfPublication | 734ee1fb-8c6d-5f35-94cf-b5d89ace0d98 | |
relation.isAuthorOfPublication | 148d6d6d-76e5-5d6f-9af9-98313e30551f | |
relation.isAuthorOfPublication.latestForDiscovery | 442e6ddc-d567-5db8-8fea-62f71781ad6a |
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