Analysis of the impacts of entrepreneurship training on growth performance of firms

Uchenna Efobi (College of Business and Social Sciences, Covenant University, Ota, Nigeria)
Emmanuel Orkoh (North-West University, Potchefstroom, South Africa)

Journal of Entrepreneurship in Emerging Economies

ISSN: 2053-4604

Publication date: 3 September 2018

Abstract

Purpose

Using quasi-experimental designs, the purpose of this paper is to study the effects of training entrepreneurs and such entrepreneurs going ahead to retrain its workers on the business high-growth performance.

Design/methodology/approach

This paper used a unique evaluation data from the National Business Plan Competition in Nigeria, organized by the Nigerian government in collaboration with the World Bank. The data was analyzed using the Propensity Score Matching technique and complemented with the Difference-in-Difference estimates.

Findings

The authors find from the estimation of this paper that those entrepreneurs who received standard evaluation training and goes ahead to retrain its workers experienced an expansion in the number of employees by two persons, an increase in innovation index by about 3 units. An increase in revenue is also observed, but this increase was not significant at the 1, 5 or 10 per cent levels.

Originality/value

This paper presents an interesting view point on how training within an entrepreneurial venture should be viewed as a ‘two sided coin’. This is such that training the entrepreneur is one side of the story, and the entrepreneur retraining its workers is another important side of the story.

Keywords

Citation

Uchenna Efobi and Emmanuel Orkoh (2018) "Analysis of the impacts of entrepreneurship training on growth performance of firms", Journal of Entrepreneurship in Emerging Economies, Vol. 10 No. 3, pp. 524-542

Download as .RIS

DOI

: https://doi.org/10.1108/JEEE-02-2018-0024

Publisher

:

Emerald Publishing Limited

Copyright © 2018, Emerald Publishing Limited

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