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Abstract Research on understanding the factors and decision processes that influence men and women to pursue an entrepreneurial career has gained momentum during the past years. We investigate in how far exposure to real-life entrepreneurial role models as one educational variable in a German university entrepreneurship course has an effect on the entrepreneurial intentions, attitudes and entrepreneurial self-efficacy of students. Over a period of two years, we conduct a randomized field experiment within a full-semester, mandatory entrepreneurship course for undergraduate students at a large German university. Our sample comprises 1133 students that work in 228 teams of four to five. Each team collaborates with one of 116 participating business founders, of which 30 are female. We define eight outcome variables to test in how far the interaction with a (same-gender) business founder influences student's development over time: (1) entrepreneurial intentions, (2) attitudes towards entrepreneurship, as well as (3) creative problem solving, (4) marshalling of resources, (5) planning/ management, (6) proactivity, (7) managing ambiguity, and (8) financial knowledge as five indicators that represent entrepreneurial self-efficacy. Our findings from round 1 (2016) suggest that integrating same-gender role models in entrepreneurship education programs is not the panacea to diminish gender effects in entrepreneurship. Female students still report a significant decrease of their entrepreneurial intentions after the course. However, the data show that exposure to same-gender role models has an effect when it comes to soft skills, like tolerance for ambiguity. There, having a same-gender role model positively influences the students’ development. Research on understanding the factors and decision processes that influence men and women to pursue an entrepreneurial career has gained momentum during the past years. We investigate in how far exposure to real-life entrepreneurial role models as one educational variable in a German university entrepreneurship course has an effect on the entrepreneurial intentions, attitudes and entrepreneurial self-efficacy of students. Over a period of two years, we conduct a randomized field experiment within a full-semester, mandatory entrepreneurship course for undergraduate students at a large German university. Our sample comprises approximately (status March 2018) 1678 students that work in 337 teams of four to five. Each team collaborates with one of 175 participating business founders, of which 52 are female. We define seven outcome variables to test in how far the interaction with a (same-gender) business founder influences student's development over time: (1) entrepreneurial intentions, (2) attitudes towards entrepreneurship, as well as (3) creative problem solving, (4) marshalling of resources, (5) implementing, (6) managing ambiguity, and (7) financial knowledge as five indicators that represent entrepreneurial self-efficacy. The combination of a mandatory entrepreneurship course, random assignment of students to teams and entrepreneurs, as well as a pre-test/post-test design, allows us to draw robust causal inferences about the impact of female entrepreneurial role models. We find that exposure to female entrepreneurs particularly boosts the development of entrepreneurial self-efficacy and attitudes towards entrepreneurship of female students.
Trial End Date March 31, 2018 September 30, 2018
Last Published June 23, 2017 03:44 PM March 29, 2018 05:53 AM
Intervention (Public) Over a period of two years (2016, 2017), we conduct a field experiment within a full-semester, mandatory entrepreneurship course for undergraduate students of business and business education at a large German university. Each year around 560 students participate in this course. In teams of four to five, students collaborate with a real-life entrepreneur to prepare a 15-page business plan for the entrepreneur’s startup. The goal of the experiment is to investigate in how far exposure to same-gender entrepreneurs within the course has a positive impact on students’ entrepreneurial intentions, attitudes towards entrepreneurship, as well as their entrepreneurial self-efficacy. We are looking on student's development over time regarding eight outcome measures. Over a period of three years (2016, 2017, 2018), we conduct a field experiment within a full-semester, mandatory entrepreneurship course for undergraduate students of business and business education at a large German university. Each year around 560 students participate in this course. In teams of four to five, students collaborate with a real-life entrepreneur to prepare a 15-page business plan for the entrepreneur’s startup. The goal of the experiment is to investigate in how far exposure to same-gender entrepreneurs within the course has a positive impact on students’ entrepreneurial intentions, attitudes towards entrepreneurship, as well as their entrepreneurial self-efficacy. We are looking on student's development over time regarding eight outcome measures.
Intervention End Date July 07, 2017 July 31, 2018
Primary Outcomes (End Points) We defined eight outcome measures: 1) entrepreneurial intentions (2) attitudes towards entrepreneurship (3) creative problem solving (4) marshalling of resources (5) planning/ management (6) proactivity (7) managing ambiguity (8) financial knowledge as five indicators We defined seven outcome measures: 1) entrepreneurial intentions (2) attitudes towards entrepreneurship (3) creative problem solving (4) marshalling of resources (5) implementing (6) managing ambiguity (7) financial knowledge as five indicators
Experimental Design (Public) The treatment includes 1133 students who are randomly assigned to the treatment groups. To assign student teams, we use a between-subject design with stratified random sampling following a two-step process: First, randomization takes place on an individual level. Thereby, students are randomly assigned to groups of four to five. In line with course regulations, we furthermore account for balanced previous academic achievements within the teams proxied by previously achieved ECTS. In the second step, randomization takes place on a team level. Hereby, student teams are randomly assigned to business challenges, and thus to the entrepreneurs with whom they collaborate during the course. Always two teams work on the same business challenge. Regarding the students, data are collected via two questionnaires, one before and one after the course. The first student questionnaire is handed out in a paper format directly in class, right before the kickoff session of the course starts. The second student survey is conducted entirely online after the course. The founder survey is conducted online during the course period. In addition to students and entrepreneurs, we hand out a shortened version of the survey to the involved teaching staff such as the supervisors and master tutors. The treatment includes 1133 students (for 2016, 2017; exact numbers for 2018 tbd) who are randomly assigned to the treatment groups. To assign student teams, we use a between-subject design with stratified random sampling following a two-step process: First, randomization takes place on an individual level. Thereby, students are randomly assigned to groups of four to five. In line with course regulations, we furthermore account for balanced previous academic achievements within the teams proxied by previously achieved ECTS. In the second step, randomization takes place on a team level. Hereby, student teams are randomly assigned to business challenges, and thus to the entrepreneurs with whom they collaborate during the course. Always two teams work on the same business challenge. Regarding the students, data are collected via two questionnaires, one before and one after the course. The first student questionnaire is handed out in a paper format directly in class, right before the kickoff session of the course starts. The second student survey is conducted entirely online after the course. The founder survey is conducted online during the course period. In addition to students and entrepreneurs, we hand out a shortened version of the survey to the involved teaching staff such as the supervisors and master tutors.
Planned Number of Clusters 228 teams 337 teams (2016, 2017, 2018)
Planned Number of Observations 1133 students 1678 students (2016, 2017,2018)
Sample size (or number of clusters) by treatment arms Group 1 - male students w/ male founders: 368 students Group 2 - male students w/ female founders: 147 students Group 3 - Female students w/ male founders: 464 students Group 4 - Female students w/ female founders: 154 students Group 1 - male students w/ male founders: 483 students Group 2 - male students w/ female founders: 277 students Group 3 - Female students w/ male founders: 674 students Group 4 - Female students w/ female founders: 244 students
Power calculation: Minimum Detectable Effect Size for Main Outcomes Minimum detectable effect sizes (MDES) are estimated for all outcome variables at a 5 percent level of significance and 80 percent power (as units of a standard deviation): Entrepreneurial intentions: 0.38, attitudes towards entrepreneurship: 0.39, creative problem solving: 0.38, marshalling of resources: 0.39, planning/management: 0.37, proactivity: 0.42, tolerance for ambiguity: 0.29 Minimum detectable effect sizes (MDES) are estimated for all outcome variables at a 5 percent level of significance and 80 percent power (as units of a standard deviation): Entrepreneurial intentions: 0.38, attitudes towards entrepreneurship: 0.39, creative problem solving: 0.38, marshalling of resources: 0.39, implementing: 0.4, tolerance for ambiguity: 0.29
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