Tag
microentrepreneurs
2 findings
Economics (general)Personal Initiative TrainingMicroentrepreneurs in Togo who received personal initiative training increased adoption of business practices by 5.4 percentage points and boosted firm profits by 30% relative to the comparison group 2.5 years after training.RCTDevelopmentTraditional Classroom Business TrainingTraditional training yielded modest average sales increases of 5.6% and profit increases of 12.1%; practice adoption faded within 4 months in Kenya and within 1 year in Ghana, while an all-day week-long course in Sri Lanka increased practice use for 2 years without generating detectable profit gains.Meta-Analysis