How Do Pre-Incubation Programs Foster New Venture Creation? Evidence From a Regression Discontinuity

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Abstract

Given the public investment in pre-incubation programs to support new venture creation, it is key to assess their effectiveness. Literature acknowledges their impact, yet the extent of their effect still needs to be quantified. To fill this gap, using a regression discontinuity design, we estimate the effect of receiving an entrepreneurship training treatment on subsequent firm creation. Our sample consists of 318 applications (accepted and rejected) to a pre-incubation program between 2017-2020 in Italy. Evidence suggests that the effect of the Pre-Incubation Program is positive and marginally significant for all entrepreneurial projects. It gets stronger and more pronounced for digital projects (software and hardware) and non-significant for non-digital ones (e.g., manufacturing, food). We offer implications for entrepreneurship research and public policy.
Original languageEnglish
Title of host publicationProceedings of the Eighty-fourth Annual Meeting of the Academy of Management
EditorsSonia Taneja
Number of pages1
Place of PublicationValhalla, NY
PublisherAcademy of Management
Publication date2024
Publication statusPublished - 2024
Externally publishedYes
EventThe Academy of Management Annual Meeting 2024: Innovating for the Future: Policy, Purpose, and Organizations - Chicago, United States
Duration: 9 Aug 202413 Aug 2024
Conference number: 84
https://aom2024.eventscribe.net/

Conference

ConferenceThe Academy of Management Annual Meeting 2024
Number84
Country/TerritoryUnited States
CityChicago
Period09/08/202413/08/2024
Internet address
SeriesAcademy of Management Annual Meeting Proceedings
ISSN0065-0668

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