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Aspire

Abstract:

We gave US$1,000 cash prizes to winners of a business plan competition in Africa. Participants were ranked by committees of established entrepreneurs. Each committee selected one winner among twelve candidates. Six months after the competition, we compare winners with the two runners-up in each committee: winners are about 33 percentage points more likely to be self-employed and, on average, have two more permanent employees than close runners-up. Our findings imply that access to start-up ca...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Accepted Manuscript

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Files:
Publisher copy:
10.1080/00220388.2016.1251584

Authors


Fafchamps, M More by this author
More by this author
Department:
Oxford, SSD, Economics, CSAE
Publisher:
Routledge Publisher's website
Journal:
Journal of Development Studies Journal website
Volume:
53
Issue:
10
Pages:
1615-1633
Publication date:
2016-11-28
Acceptance date:
2016-09-09
DOI:
EISSN:
1743-9140
ISSN:
0022-0388
Pubs id:
pubs:644216
URN:
uri:01544563-f250-440d-a76d-01d8182c5471
UUID:
uuid:01544563-f250-440d-a76d-01d8182c5471
Local pid:
pubs:644216

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