Publicado en: SN Business & Economics 28 June 2021
In this paper, we analyze the impact of a government-sponsored program aimed at promoting entrepreneurial activity in Uruguay. The C-Emprendedor program provides training and mentorship to potential entrepreneurs throughout the process of development of a business. We contribute to the empirical literature on the effects of different entrepreneurial programs, and provide information for policymakers, by conducting a rigorous evaluation of a program designed to foster entrepreneurial activity. Using regression discontinuity methods, we assess the impact of the program on actions taken to create a business, investment, business creation, and employment. We find significant, although non-robust, effects on employment and the probability to take actions aimed at creating a business. No effects were found on investment and the rate of business creation. Our research provides important insights for the better design of public policies aimed at developing entrepreneurship skills.
Keywords: Training and mentorship programs for entrepreneurs, entrepreneurial activity, impact evaluation.
JEL Classifications: C31, H25, L26, M53.