| dc.description.abstract | Which is the most binding constraint to microenterprise development, human capital or
financial capital? To answer this question, we present the first field experiment that jointly
investigates these two constraints for poor microentrepreneurs, by introducing separate
treatments of business training and a business grant. We combine survey data and data from
a lab experiment to investigate treatment effects on business results, business practices,
business skills and mind-set. Our study demonstrates a strong effect of business training on
male entrepreneurs, while the effect on female entrepreneurs is much more muted. There is no
effect of the business grant for either males or females. The results suggest that human capital
may be the more important constraint for poor microentrepreneurs, but also point to the need
for more comprehensive measures to promote development among female entrepreneurs | nb_NO |
