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Field Before After
Trial End Date December 28, 2022 March 31, 2023
Last Published May 14, 2021 09:39 AM December 19, 2021 11:25 PM
Intervention Start Date July 03, 2021 November 24, 2021
Intervention End Date August 28, 2021 January 23, 2022
Primary Outcomes (End Points) 1. Performance: our main dependent variable is the amount of revenue/total sales generated by the businesses over time. We also record an alternative measure for performance by recording the number of employees and related changes over time. 2. Exit: this is a binary variable that takes value 0 until the firm drops out (they abandon the program and cease the startup), 1 in the period in which the firm drops out, and it is a missing value thereafter. To avoid attrition biases, we will check that the firms which leave the program will actually cease entrepreneurial activity. 3. Pivot: this is the cumulative number of times in which a firm makes a major change to its business model. We defined a change to be major by analyzing whether the firm moved from the original idea to another idea that changed the core value proposition of the product or service. The research team will also examine potential mechanisms behind these outcomes by collecting variables related to how and when decisions are made. The key mechanism being tested is precision and improvement in the precision of predictions. To capture such mechanism, the team will collect through survey instruments the participants’ own perceptions about future revenues and likelihood of failing. The research team will also measure the level of absorption and application of the scientific approach taught in the intervention by using quizzes, surveys and a semi-structured interview protocol. The research team will use instruments to identify the effect of absorption and application. Such measures will allow the team to test not only the “intention-to-treat” of the intervention, but also the extent to which entrepreneurs absorb and apply the concepts they are taught, and ultimately the effect of the latter on entrepreneurial performance. The research team want to understand how the absorption and application of the scientific approach affect entrepreneurial performance. This research will also explore how the treatment affects absorption and application and the direct effect of treatment on entrepreneurial performance. Moreover, the research team will test how individual level characteristics affect the absorption and application of the scientific approach and entrepreneurial performance. 1. Performance: our main dependent variable is the amount of revenue/total sales generated by the businesses over time. We also record an alternative measure for performance by recording the number of employees and related changes over time. 2. Exit: this is a binary variable that takes value 0 until the firm drops out (they abandon the program and cease the startup), 1 in the period in which the firm drops out, and it is a missing value thereafter. To avoid attrition biases, we will check that the firms which leave the program will actually cease entrepreneurial activity. 3. Pivot: this is the cumulative number of times in which a firm makes a major change to its business model. We defined a change to be major by analyzing whether the firm moved from the original idea to another idea that changed the core value proposition of the product or service. The research team will also examine potential mechanisms behind these outcomes by collecting variables related to how and when decisions are made. The key mechanism being tested is precision and improvement in the precision of predictions. To capture such a mechanism, the team will collect through survey instruments the participants’ own perceptions about future revenues and likelihood of failing. The research team will also measure the level of absorption and application of the scientific approach taught in the intervention by using quizzes, surveys, and a semi-structured interview protocol. The research team will use instruments to identify the effect of absorption and application. Such measures will allow the team to test not only the “intention-to-treat” of the intervention, but also the extent to which entrepreneurs absorb and apply the concepts they are taught, and ultimately the effect of the latter on entrepreneurial performance. The research team wants to understand how the absorption and application of the scientific approach affect entrepreneurial performance. This research will also explore how the treatment affects absorption and application and the direct effect of treatment on entrepreneurial performance. Moreover, the research team will test how individual-level characteristics affect the absorption and application of the scientific approach and entrepreneurial performance.
Building on Existing Work No
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