The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania

Business training programs in low-income settings have shown limited, if any, impacts on firm revenues and profits, particularly for female entrepreneurs. This paper uses a randomized design to compare the impacts of two types of business training...

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Main Authors: Bardasi, Elena, Gassier, Marine, Goldstein, Markus, Holla, Alaka
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/257221513609451157/The-profits-of-wisdom-the-impacts-of-a-business-support-program-in-Tanzania
http://hdl.handle.net/10986/29070
id okr-10986-29070
recordtype oai_dc
spelling okr-10986-290702021-06-08T14:42:47Z The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania Bardasi, Elena Gassier, Marine Goldstein, Markus Holla, Alaka ENTERPRISE DEVELOPMENT BUSINESS SUPPORT ENTREPRENEURSHIP FEMALE ENTREPRENEURS TRAINING MICROENTERPRISE RANDOMIZED CONTROL TRIAL AFRICA GENDER POLICY GENDER IINOVATION LAB WOMEN AND PRIVATE SECTOR DEVELOPMENT Business training programs in low-income settings have shown limited, if any, impacts on firm revenues and profits, particularly for female entrepreneurs. This paper uses a randomized design to compare the impacts of two types of business training programs targeting women with established small businesses in urban Tanzania. The basic version of the training relied on in-class sessions to strengthen the managerial and technical skills of the participants. In the enhanced version, training was supplemented by individual visits from business coaches to the sites of participants’ activities, as well as other services tailored to their individual needs. The study finds no impact of the basic training on business practices and business outcomes. Participants in the enhanced training are more likely to adopt new practices, but show no effects for revenue or profits, on average. However, the average masks large heterogeneous effects: entrepreneurs with low levels of experience show reduced revenues; those with more experience benefit from the program. This finding suggests that business training programs may have greater impacts if they are more carefully targeted. 2017-12-21T16:51:39Z 2017-12-21T16:51:39Z 2017-12 Working Paper http://documents.worldbank.org/curated/en/257221513609451157/The-profits-of-wisdom-the-impacts-of-a-business-support-program-in-Tanzania http://hdl.handle.net/10986/29070 English Policy Research Working Paper;No. 8279 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Tanzania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ENTERPRISE DEVELOPMENT
BUSINESS SUPPORT
ENTREPRENEURSHIP
FEMALE ENTREPRENEURS
TRAINING
MICROENTERPRISE
RANDOMIZED CONTROL TRIAL
AFRICA GENDER POLICY
GENDER IINOVATION LAB
WOMEN AND PRIVATE SECTOR DEVELOPMENT
spellingShingle ENTERPRISE DEVELOPMENT
BUSINESS SUPPORT
ENTREPRENEURSHIP
FEMALE ENTREPRENEURS
TRAINING
MICROENTERPRISE
RANDOMIZED CONTROL TRIAL
AFRICA GENDER POLICY
GENDER IINOVATION LAB
WOMEN AND PRIVATE SECTOR DEVELOPMENT
Bardasi, Elena
Gassier, Marine
Goldstein, Markus
Holla, Alaka
The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania
geographic_facet Africa
Tanzania
relation Policy Research Working Paper;No. 8279
description Business training programs in low-income settings have shown limited, if any, impacts on firm revenues and profits, particularly for female entrepreneurs. This paper uses a randomized design to compare the impacts of two types of business training programs targeting women with established small businesses in urban Tanzania. The basic version of the training relied on in-class sessions to strengthen the managerial and technical skills of the participants. In the enhanced version, training was supplemented by individual visits from business coaches to the sites of participants’ activities, as well as other services tailored to their individual needs. The study finds no impact of the basic training on business practices and business outcomes. Participants in the enhanced training are more likely to adopt new practices, but show no effects for revenue or profits, on average. However, the average masks large heterogeneous effects: entrepreneurs with low levels of experience show reduced revenues; those with more experience benefit from the program. This finding suggests that business training programs may have greater impacts if they are more carefully targeted.
format Working Paper
author Bardasi, Elena
Gassier, Marine
Goldstein, Markus
Holla, Alaka
author_facet Bardasi, Elena
Gassier, Marine
Goldstein, Markus
Holla, Alaka
author_sort Bardasi, Elena
title The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania
title_short The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania
title_full The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania
title_fullStr The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania
title_full_unstemmed The Profits of Wisdom : The Impacts of a Business Support Program in Tanzania
title_sort profits of wisdom : the impacts of a business support program in tanzania
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/257221513609451157/The-profits-of-wisdom-the-impacts-of-a-business-support-program-in-Tanzania
http://hdl.handle.net/10986/29070
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