The Impact of Entrepreneurship Programs on Minorities

2017 ◽  
Vol 107 (5) ◽  
pp. 303-307 ◽  
Author(s):  
Elizabeth Lyons ◽  
Laurina Zhang
Keyword(s):  
Training Program ◽  
Entrepreneurial Activity ◽  
Entrepreneurship Training ◽  
Limited Access ◽  
Entrepreneurial Opportunities ◽  
Short Run ◽  
The Impact

We document the impact of an entrepreneurship training program on startup activity of minorities (females and non-Caucasians). We compare entrepreneurial activity between applicants who are accepted into the program with applicants who are program finalists but not accepted. We find that the effect of the program is small for minorities in the short run. However, the effect of the program is more pronounced for minorities' likelihood of longer run startup activity, whereas the effect on non-minorities is small and statistically insignificant. We suggest that such programs are most effective for individuals that may otherwise have limited access to entrepreneurial opportunities.

Gender and Entrepreneurship in Developing Economies

2019 ◽  
pp. 1-21
Author(s):  
Rob Kim Marjerison
Keyword(s):  
Economic Growth ◽  
Women Entrepreneurs ◽  
Developing Economies ◽  
New Ventures ◽  
Entrepreneurial Activity ◽  
Relative Importance ◽  
Policy Makers ◽  
Entrepreneurship Training ◽  
Global Economic Growth ◽  
The Impact

This chapter begins with a brief exploration of the importance of entrepreneurial activity as a driver of global economic growth. The importance of entrepreneurship in developing economies is examined as are the traits, motivations, and drivers of entrepreneurs and the economic, social, cultural, legislative, and regulatory circumstances that encourage and in some cases discourage entrepreneurial activity. The impact of entrepreneurship training and education on encouraging women entrepreneurs is examined, the relative importance of women entrepreneurs is examined, and emphasis is placed on the relatively greater difficulties that are faced by women entrepreneurs particularly in regards to obtaining funding for starting new ventures. Opportunities are identified that may useful for policy makers, investors, and those that may seek to promote social entrepreneurship and economic growth in developing economies.

scholarly journals Evaluating the Effectiveness of an Institutional Training Program in Slovenia: A Comparison of Methods

2012 ◽  
Vol 7 (1) ◽  
pp. 43-51 ◽  
Author(s):  
Laura Rotar
Keyword(s):  
Propensity Score ◽  
Training Program ◽  
Instrumental Variable ◽  
Confounding Factors ◽  
Comparison Of Methods ◽  
Potential Bias ◽  
Long Run ◽  
Short Run ◽  
The Impact ◽  
Official Records

Evaluating the Effectiveness of an Institutional Training Program in Slovenia: A Comparison of MethodsThis paper aims to estimate the effect of an institutional training program on participants' chances of finding a job, using a rich dataset which comes from the official records of the Employment Service of Slovenia and taking into account the potential bias due to the existence of unobserved confounding factors. To deal with these selection biases, three methods are implemented in a comparative perspective: (1) instrumental variable (IV) regression; (2) Heckman's two-stage approach and (3) propensity score matching. This paper underlines important divergences between the results of parametric and non-parametric estimators. Some of the results, however, show the impact of the institutional training program on participants' chances of finding a job, especially in the short run. In the long run, however, the results are not so obvious.

Evaluation of the impact of an entrepreneurship training program in Recife, Brazil

2018 ◽  
Vol 10 (3) ◽  
pp. 472-488 ◽  
Author(s):  
Fernando José Moreira Coelho ◽  
Carla Marques ◽  
Armando Loureiro ◽  
Vanessa Ratten
Keyword(s):  
Training Program ◽  
Entrepreneurship Education ◽  
Structured Interview ◽  
Entrepreneurship Training ◽  
Content Type ◽  
Emerging Country ◽  
New Business ◽  
The Impact ◽  
Practical Implications

Purpose The purpose of this paper is to understand in a qualitative context, the importance of the EMPRETEC entrepreneurship training in an emerging country context of Brazil. This helps to understand the capacity of entrepreneurship education to improve the ability of individuals to generate new business opportunities. Design/methodology/approach The data were collected through three semi-structured interview scripts and analyzed with the support of the NVIVO qualitative analysis software using Bardin content analysis. Findings The findings support the assertion that in emerging economies, entrepreneurship education is increasingly important in transforming society through enabling individuals to progress in their careers and life. Research limitations/implications It was concluded that the EMPRETEC course fulfilled the objective of encouraging entrepreneurial behavior and stimulating the trainees to contribute to the economic growth of the country. The implication was that participation in entrepreneurship education is strictly interconnected to the success of the trainees. Practical implications The study found that there are positive practical outcomes for the trainees’, teachers’ and managers’ perceptions involved in the Entrepreneurship Training Program – EMPRETEC. Originality/value The paper helps understand the role of the trainees’ (EMPRETECos), teachers’ and managers’ perceptions of the Program at SEBRAE/Recife about the impact of the Entrepreneurship Training Program – EMPRETEC.

scholarly journals Role Models or Individual Consulting: The Impact of Personalizing Micro-entrepreneurship Training

2018 ◽  
Vol 10 (4) ◽  
pp. 222-245 ◽  
Author(s):  
Jeanne Lafortune ◽  
Julio Riutort ◽  
José Tessada
Keyword(s):  
Training Program ◽  
Household Income ◽  
Role Models ◽  
Role Model ◽  
Cost Effective ◽  
Randomized Experiment ◽  
Entrepreneurship Training ◽  
Business Income ◽  
One Year ◽  
The Impact

Using a randomized experiment in Chile, we study the impact role models have in the context of a training program for micro–entrepreneurs. We show that being in a group randomly chosen to be visited by a successful alumnus of the program increases household income one year after, mostly due to increased business participation and business income. We also randomized the provision of personalized “consulting sessions” vis–à–vis group sessions, and observe similar effects on income, with the role model intervention being significantly more cost-effective and better suited for less experienced businesses. (JEL J24, L25, L26, M53, O14, O15)

Structural Modeling of Institute of Entrepreneurship in Russia

2019 ◽  
pp. 34-48
Author(s):  
Svetlana L. Sazanova
Keyword(s):  
Global Economy ◽  
Structural Model ◽  
Institutional Environment ◽  
Small And Medium Enterprises ◽  
Structural Modeling ◽  
Entrepreneurial Activity ◽  
Pattern Modeling ◽  
Medium Enterprises ◽  
The Impact ◽  
The Relationship

Entrepreneurship plays an important role in the modern global economy; the share of products of small and medium enterprises in the gross product and exports not only of the developed but also of developing countries is growing. Innovation processes cover all sectors of the economy, and more and more people are involved in entrepreneurial activity, which contributes to the penetration of entrepreneurial thinking and business values in all areas of the socioeconomic life of society. The Institute of Entrepreneurship plays an increasingly prominent role in the institutional environment of socio-economic systems. This actualizes the problem of studying the relationship of the institution of entrepreneurship with the institutions of law, culture, management. This requires a methodology that allows you to explore the impact on the institute of entrepreneurship not only economic, but also non-economic factors. The methodology of the “old” institutionalism possesses such a tool, it is structural modeling (pattern modeling), which allows to explore the diversity of interrelationships of the institution of entrepreneurship with other components of the institutional and economic environment. The article explored the features of the development of the institution of entrepreneurship in Russia, established the relationship between the institution of entrepreneurship, values, motives and incentives for entrepreneurial activity, built a structural model of the institution of entrepreneurship based on the methodology of the old institutionalism (pattern modeling). The structural model of the institution of entrepreneurship reveals the relationship between the institution of entrepreneurship, the values of entrepreneurial activity, its motives and incentives; as well as the relationship between the institution of entrepreneurship with the institutions of governance, cultural and religious institutions, legal institutions and society.

Impact of exchange rate and oil price on the yield of sovereign bond and sukuk: Evidence from Malaysian capital market

2017 ◽  
Vol 5 (4) ◽  
pp. 27
Author(s):  
Huda Arshad ◽  
Ruhaini Muda ◽  
Ismah Osman
Keyword(s):  
Exchange Rate ◽  
Capital Market ◽  
Time Series Data ◽  
Oil Prices ◽  
Oil Price ◽  
Series Data ◽  
Sovereign Bond ◽  
Long Run ◽  
Short Run ◽  
The Impact

This study analyses the impact of exchange rate and oil prices on the yield of sovereign bond and sukuk for Malaysian capital market. This study aims to ascertain the effect of weakening Malaysian Ringgit and declining of crude oil price on the fixed income investors in the emerging capital market. This study utilises daily time series data of Malaysian exchange rate, oil price and the yield of Malaysian sovereign bond and sukuk from year 2006 until 2015. The findings show that the weakening of exchange rate and oil prices contribute different impacts in the short and long run. In the short run, the exchange rate and oil prices does not have a direct relation with the yield of sovereign bond and sukuk. However, in the long run, the result reveals that there is a significant relationship between exchange rate and oil prices on the yield of sovereign bond and sukuk. It is evident that only a unidirectional causality relation is present between exchange rate and oil price towards selected yield of Malaysian sovereign bond and sukuk. This study provides numerical and empirical insights on issues relating to capital market that supports public authorities and private institutions on their decision and policymaking process.

Determinants of Inflation in Vietnam: A VECM Approach

2015 ◽  
Vol 22 (04) ◽  
pp. 26-50
Author(s):  
Ngoc Tran Thi Bich ◽  
Huong Pham Hoang Cam
Keyword(s):  
Interest Rate ◽  
Crude Oil ◽  
Error Correction ◽  
Budget Deficit ◽  
Oil Prices ◽  
Crude Oil Prices ◽  
Domestic Credit ◽  
Short Run ◽  
The Impact

This paper aims to examine the main determinants of inflation in Vietnam during the period from 2002Q1 to 2013Q2. The cointegration theory and the Vector Error Correction Model (VECM) approach are used to examine the impact of domestic credit, interest rate, budget deficit, and crude oil prices on inflation in both long and short terms. The results show that while there are long-term relations among inflation and the others, such factors as oil prices, domestic credit, and interest rate, in the short run, have no impact on fluctuations of inflation. Particularly, the budget deficit itself actually has a short-run impact, but its level is fundamentally weak. The cause of the current inflation is mainly due to public's expectations of the inflation in the last period. Although the error correction, from the long-run relationship, has affected inflation in the short run, the coefficient is small and insignificant. In other words, it means that the speed of the adjustment is very low or near zero. This also implies that once the relationship among inflation, domestic credit, interest rate, budget deficit, and crude oil prices deviate from the long-term trend, it will take the economy a lot of time to return to the equilibrium state.

Transport infrastructure of the Rostov Oblast: Problems and prospects for development in the context of national projects implementation

2020 ◽  
Vol 19 (6) ◽  
pp. 1015-1034
Author(s):  
O.Yu. Patrakeeva
Keyword(s):  
Time Series Data ◽  
Mutual Influence ◽  
Rostov Oblast ◽  
Transport Infrastructure ◽  
Series Data ◽  
Cointegration Tests ◽  
Level Of Economic Development ◽  
Short Run ◽  
The Government ◽  
The Impact

Subject. The paper considers national projects in the field of transport infrastructure, i.e. Safe and High-quality Roads and Comprehensive Plan for Modernization and Expansion of Trunk Infrastructure, and the specifics of their implementation in the Rostov Oblast. Objectives. The aim is to conduct a statistical assessment of the impact of transport infrastructure on the region’s economic performance and define prospects for and risks of the implementation of national infrastructure projects in conditions of a shrinking economy. Methods. I use available statistics and apply methods and approaches with time-series data, namely stationarity and cointegration tests, vector autoregression models. Results. The level of economic development has an impact on transport infrastructure in the short run. However, the mutual influence has not been statistically confirmed. The paper revealed that investments in the sphere of transport reduce risk of accidents on the roads of the Rostov Oblast. Improving the quality of roads with high traffic flow by reducing investments in the maintenance of subsidiary roads enables to decrease accident rate on the whole. Conclusions. In conditions of economy shrinking caused by the complex epidemiological situation and measures aimed at minimizing the spread of coronavirus, it is crucial to create a solid foundation for further economic recovery. At the government level, it is decided to continue implementing national projects as significant tools for recovery growth.

An Econometric Analysis on the Relationship between Globalisation and Inequality in South Africa

2020 ◽  
Vol 11 (1) ◽  
pp. 89-89
Author(s):  
Jacques de Jongh
Keyword(s):  
South Africa ◽  
Well Being ◽  
Causality Analysis ◽  
Global Integration ◽  
Development Indicators ◽  
Long Run ◽  
The World ◽  
Distribution Of Resources ◽  
Short Run ◽  
The Impact

Globalisation has had an unprecedented impact on the development and well-being of societies across the globe. Whilst the process has been lauded for bringing about greater trade specialisation and factor mobility many have also come to raise concerns on its impact in the distribution of resources. For South Africa in particular this has been somewhat of a contentious issue given the country's controversial past and idiosyncratic socio-economic structure. Since 1994 though, considerable progress towards its global integration has been made, however this has largely coincided with the establishment of, arguably, the highest levels of income inequality the world has ever seen. This all has raised several questions as to whether a more financially open and technologically integrated economy has induced greater within-country inequality (WCI). This study therefore has the objective to analyse the impact of the various dimensions of globalisation (economic, social and political) on inequality in South Africa. Secondary annual time series from 1990 to 2018 were used sourced from the World Bank Development indicators database, KOF Swiss Economic Institute and the World Inequality database. By using different measures of inequality (Palma ratios and distribution figures), the study employed two ARDL models to test the long-run relationships with the purpose to ensure the robustness of the results. Likewise, two error correction models (ECM) were used to analyse the short-run dynamics between the variables. As a means of identifying the casual effects between the variables, a Toda-Yamamoto granger causality analysis was utilised. Keywords: ARDL, Inequality, Economic Globalisation; Social Globalisation; South Africa

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