Scandinavian Working Papers in Economics

Ratio Working Papers,
The Ratio Institute

No 245: 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: Research Institute of Industrial Economics (IFN), Box 55665, SE, -, 102, 15, Stockholm, Sweden
Fredrik Andersson: Örebro university, Postal: Statistics Sweden Klostergatan 23, SE, -, 701 89 Örebro, Sweden
Karl Wennberg: The Ratio institute and Stockholm Scool of Economics, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 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 e ffect on firm survival

Keywords: Entrepreneurship Education; Quasi - experiment; Performance

JEL-codes: D22; L25; L26

31 pages, December 31, 2014

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