Kolstad, Ivar; Wiig, Arne - In: Small Business Economics 44 (2015) 4, pp. 783-796
This paper estimates the effect of education on the success of entrepreneurial activity, using survey data from Malawi …. An instrument variable approach is used to address the endogeneity of education. We find a significant and substantial … to succeed in business. Results are robust to non-random selection into entrepreneurship. Copyright Springer Science …