TY - RPRT AU - Bandiera, Oriana AU - Burgess, Robin AU - Das, Narayan AU - Gulesci, Selim AU - Rasul, Imran AU - Sulaiman, Munshi TI - Can Basic Entrepreneurship Transform the Economic Lives of the Poor? PY - 2013/May/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 7386 UR - https://www.iza.org/index.php/publications/dp7386 AB - The world's poorest people lack capital and skills and toil for others in occupations that others shun. Using a large-scale and long-term randomized control trial in Bangladesh this paper demonstrates that sizable transfers of assets and skills enable the poorest women to shift out of agricultural labor and into running small businesses. This shift, which persists and strengthens after assistance is withdrawn, leads to a 38% increase in earnings. Inculcating basic entrepreneurship, where severely disadvantaged women take on occupations which were the preserve of non-poor women, is shown to be a powerful means of transforming the economic lives of the poor. KW - asset transfers KW - capital constraints KW - vocational training KW - occupational choice KW - structural change KW - poverty ER -