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Field
Experimental Design (Public)
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Before
A pragmatic two-armed Randomized Controlled Trial represents the basic study design testing the effect of tactical knowledge coaching on the survival capabilities of technology-based early-stage ventures. Over three years, 450 ventures from the German regional state Baden-Württemberg will be recruited.Accredited, experienced coaches are imparting certain tactical knowledge to the founder teams in the form of individual support sessions. The treatment group (T) encompasses 150 startups in total, each year about 50 being subject to the intervention. Not having been coached with a focus on tactical knowledge, another 300 ventures serve as the control group (C). After three years, ventures' survival capability (total score) six months post-intervention is compared.
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After
A pragmatic two-armed Randomized Controlled Trial represents the basic study design testing the effect of tactical knowledge coaching on the survival capabilities of technology-based early-stage ventures. Over three years, 450 ventures from the German regional state Baden-Württemberg will be recruited. Accredited, experienced coaches are imparting certain tactical knowledge to the founder teams in the form of individual support sessions. The treatment group (T) encompasses 150 startups in total, each year about 50 being subject to the intervention. Not having been coached with a focus on tactical knowledge, another 300 ventures serve as the control group (C). After three years, ventures' survival capability (total score) six months post-intervention is compared.
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Field
Randomization Method
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Before
Restricted blocked randomization will be used to ensure the budget-limited number of interventions (50/year) is entirely reached. One ‘block’ in this specific context refers to a one-year budget of 50 coaching contracts, randonly allocated to venture teams by bwcon consultants.
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After
Randomization will be done computer-based:
Restricted blocked randomization will be used to ensure the budget-limited number of interventions (50/year) is entirely reached. Each block encompasses six ventures. The allocation ratio is 2:1, meaning two out of six ventures are randomly allocated to the treatment group. An Excel script provided by a statistician who is not involved in the project will be used to randomize the beforehand anonymized ventures.
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