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The impact of role models on nascent entrepreneurs
Last registered on October 16, 2019

Pre-Trial

Trial Information
General Information
Title
The impact of role models on nascent entrepreneurs
RCT ID
AEARCTR-0004862
Initial registration date
October 15, 2019
Last updated
October 16, 2019 10:24 AM EDT
Location(s)

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Request Information
Primary Investigator
Affiliation
University of Southern California
Other Primary Investigator(s)
PI Affiliation
MIT
Additional Trial Information
Status
In development
Start date
2019-10-15
End date
2020-09-30
Secondary IDs
Abstract
We explore the impact of role models on nascent entrepreneurs in the context of university students and their participation in entrepreneurship training and support program. Our field experiment is embedded in the recruiting emails for an internal entrepreneurship program at a major research university which provides funding, mentorship and expert advice to nascent entrepreneurs to help them build their ideas into companies. We explore whether the provision of role models and characteristics of the role model like gender impact the likelihood of a student engaging with the entrepreneurship program.
External Link(s)
Registration Citation
Citation
Fehder, Daniel and Fiona Murray. 2019. "The impact of role models on nascent entrepreneurs." AEA RCT Registry. October 16. https://doi.org/10.1257/rct.4862-1.0.
Experimental Details
Interventions
Intervention(s)
We explore whether the provision of role models and characteristics of the role model like gender impact the likelihood of a student engaging with the entrepreneurship program. To do so, we vary the recruitment email to either include or not include a short biographical vignette on a successful entrepreneur.
Intervention Start Date
2019-10-15
Intervention End Date
2019-10-17
Primary Outcomes
Primary Outcomes (end points)
First, we will measure entrepreneurial action by observing which students move through the pipeline of the entrepreneurship program. The steps of the pipeline are: attending and information session, applying for the program, admission to the program, starting a company. For all subjects in the study, we will additionally measure whether they have started a company by checking their names against the business registration data in the home state of the university.
Primary Outcomes (explanation)
Secondary Outcomes
Secondary Outcomes (end points)
Secondary Outcomes (explanation)
Experimental Design
Experimental Design
We explore whether the provision of role models and characteristics of the role model like gender impact the likelihood of a student engaging with the entrepreneurship program. To do so, we vary the recruitment email to either include or not include a short biographical vignette on a successful entrepreneur.
Experimental Design Details
Not available
Randomization Method
Randomization is done in the office using stata
Randomization Unit
Individuals are randomized to one of five treatment groups: no role model, male role model A, male role model B, female role model A, female role model B. Randomizations is stratified by gender, graduate/undergraduate student, and department
Was the treatment clustered?
No
Experiment Characteristics
Sample size: planned number of clusters
11,313 students (we are randomizing at the individual level)
Sample size: planned number of observations
11,313 students
Sample size (or number of clusters) by treatment arms
2,262 (and 2,263 for some of the arms)
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
IRB
INSTITUTIONAL REVIEW BOARDS (IRBs)
IRB Name
MIT COUHES
IRB Approval Date
2019-09-17
IRB Approval Number
E-1640