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Registration

Field Before After
Trial Status on_going completed
Last Published September 24, 2013 03:53 PM October 24, 2017 07:27 AM
Study Withdrawn No
Intervention Completion Date January 15, 2014
Data Collection Complete Yes
Final Sample Size: Number of Clusters (Unit of Randomization) 1841
Was attrition correlated with treatment status? Yes
Final Sample Size: Total Number of Observations 1841 firms
Final Sample Size (or Number of Clusters) by Treatment Arms 729 treated with winning competition, 1112 control
Do all standard errors account for clustering? No
Public Data URL http://microdata.worldbank.org/index.php/catalog/2329
Is there a restricted access data set available on request? No
Program Files Yes
Program Files URL http://microdata.worldbank.org/index.php/catalog/2329
Data Collection Completion Date February 15, 2015
Is data available for public use? Yes
Public analysis plan No Yes
First registered on September 24, 2013
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Papers

Field Before After
Paper Abstract Almost all firms in developing countries have fewer than 10 workers, with the modal firm consisting of just the owner. Are there potential high-growth entrepreneurs with the ability to grow their firms beyond this size? And, if so, can public policy help alleviate the constraints that prevent these entrepreneurs from doing so? A large-scale national business plan competition in Nigeria is used to help provide evidence on these two questions. The competition was launched with much fanfare, and attracted almost 24,000 entrants. Random assignment was used to select some of the winners from a pool of semi-finalists, with US$36 million in randomly allocated grant funding providing each winner with an average of almost US$50,000. Surveys tracking applicants over three years show that winning the business plan competition leads to greater firm entry, higher survival of existing businesses, higher profits and sales, and higher employment, including increases of over 20 percentage points in the likelihood of a firm having 10 or more workers. These effects appear to occur largely through the grants enabling firms to purchase more capital and hire more labor.
Paper Citation David McKenzie (2015) "Identifying and Spurring High-Growth Entrepreneurship:Experimental Evidence from a Business Plan Competition", World Bank Policy Research Working Paper no. 7391
Paper URL http://documents.worldbank.org/curated/en/2015/08/24899889/identifying-spurring-high-growth-entrepreneurship-experimental-evidence-business-plan-competition
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Field Before After
Paper Citation Identifying and Spurring High-Growth Entrepreneurship: Experimental Evidence from a Business Plan Competition, American Economic Review, 107(8): 2278-2307, 2017
Paper URL https://www.aeaweb.org/articles?id=10.1257/aer.20151404
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