TY - RPRT AU - Vega-Redondo, Fernando AU - Pin, Paolo AU - Ubfal, Diego AU - Benedetti-Fasil, Cristiana AU - Brummitt, Charles AU - Rubera, Gaia AU - Hovy, Dirk AU - Fornaciari, Tommaso TI - Peer Networks and Entrepreneurship: A Pan-African RCT PY - 2019/Dec/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 12848 UR - https://www.iza.org/index.php/publications/dp12848 AB - Can large-scale peer interaction foster entrepreneurship and innovation? We conducted an RCT involving almost 5,000 entrepreneurs from 49 African countries. All were enrolled in an online business course, and the treatment involved random assignment to either face-to-face or virtual (Internet-mediated) interaction. We find positive treatment effects on both the submission of business plans and their quality, provided interaction displays some intermediate diversity. Network effects are also significant on both outcomes, although diversity plays a different role for each. This shows that effective peer interaction can be feasibly implemented quite broadly but must also be designed carefully, in view of the pursued objectives. KW - social networks KW - peer effects KW - entrepreneurship KW - innovation KW - semantic analysis ER -