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Paper Abstract
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● Overall, the findings provide evidence of widespread positive and statistically significant effects of the treatment on awareness of a number of growth and performance related management tools (e.g. critical task lists, business model canvas, lean business canvas, SWOT analysis). These effects prove robust across a range of different model specifications. Effects on the use of the tools are generally somewhat weaker. There is also evidence of increased adoption of various performance related business behaviours (e.g. formation of mission and vision statements, formal business planning).
● All of the businesses in the treated group reported positive outcomes in at least two of the four key areas in which support was provided. More than three quarters of these businesses (78%) reported positive outcomes in all four areas.
● The evaluation data provide good evidence that in most, but not all cases, the treatment received was causally significant to the outputs reported.
● The significance of these effects is striking due to two issues which arose during the conduct of the trial: partial take-up of the treatment and attrition in the follow-on survey.
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Paper Citation
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Roper, S., Jibril, H., Scott, D., and Drummond, I., (2020) Evaluation of the Cavendish Enterprise Business Boost Project, ERC Research Report, December 2020, Warwick.
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Paper URL
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https://www.enterpriseresearch.ac.uk/wp-content/uploads/2020/12/ERC-ResReport-Business-Boost-Final.pdf
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