Arbeitspapier

The impact of soft-skills training for entrepreneurs in Jamaica

A randomized controlled trial with 945 entrepreneurs in Jamaica shows positive short-term impacts of soft-skills training on business outcomes. The effects are concentrated among men and disappear 12 months after the training. The main channel is increased adoption of recommended business practices, exclusively observed in the short run. Persistent effects were observed on an incentivized behavioral measure of perseverance after setbacks, a focus of this training. An intensive course on soft-skills was compared to one that combines soft-skills with traditional business training. The effects of the combined training are never statistically significant.

Language
Englisch

Bibliographic citation
Series: IDB Working Paper Series ; No. IDB-WP-1011

Classification
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Firm Performance: Size, Diversification, and Scope
New Firms; Startups
Microeconomic Analyses of Economic Development
Subject
business training
entrepreneurship
soft skills

Event
Geistige Schöpfung
(who)
Ubfal, Diego
Arraiz, Irani
Beuermann, Diether W.
Frese, Michael
Maffioli, Alessandro
Verch, Daniel
Event
Veröffentlichung
(who)
Inter-American Development Bank (IDB)
(where)
Washington, DC
(when)
2020

DOI
doi:10.18235/0002450
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Ubfal, Diego
  • Arraiz, Irani
  • Beuermann, Diether W.
  • Frese, Michael
  • Maffioli, Alessandro
  • Verch, Daniel
  • Inter-American Development Bank (IDB)

Time of origin

  • 2020

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