世界银行：选择还是更多资本？肯尼亚高增长企业家的实验证据（英文版）

Business plan competitions aim to identify and spur highgrowth entrepreneurs. Two experiments were embedded into in a Kenyan competition to test how intensity of selection and of capital determine entrepreneurial outcomes. Applicants received a US$9,000 grant after a streamlined process or went through multiple selection stages and were randomly assigned US$9,000 or US$36,000 . All grants initially generated jobs,but the impacts only persisted over three years under multi-stage selection.The