(), Fredrik Andersson
and Karl Wennberg
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.
30 pages, March 26, 2015
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