Scandinavian Working Papers in Economics

Working Paper Series,
Research Institute of Industrial Economics

No 1063: The Impact of Entrepreneurship Education in High School on Long-Term Entrepreneurial Performance

Niklas Elert (), Fredrik Andersson and Karl Wennberg ()
Additional contact information
Niklas Elert: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Fredrik Andersson: Statistics Sweden, Postal: Klostergatan 23, SE-701 89 Örebro, Sweden
Karl Wennberg: Stockholm School of Economics, Postal: P.O. Box 6501, SE-113 83 Stockholm, Sweden and the Ratio Institute, Stockholm, Sweden

Abstract: This paper studies the long-term impact of entrepreneurship education and training in high school on entrepreneurial entry, performance, and survival. Using propensity score matching, we compare three Swedish cohorts from Junior Achievement Company Program (JACP) alumni with a matched sample of similar individuals and follow these for up to 16 years after graduation. We find that while JACP participation increases the long-term probability of starting a firm as well as entrepreneurial incomes, there is no effect on firm survival.

Keywords: Entrepreneurship Education; Quasi-experiment; Performance

JEL-codes: D22; L25; L26

Language: English

30 pages, March 26, 2015

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