“Many resources are thought to feed into entrepreneurial success, including technical knowledge, business acumen, professional and entrepreneurial networks and market conditions,” said , the Ralph S. O’Connor Associate Professor of Finance and Entrepreneurship at the Jones School. “However, very little evidence exists to support the notion that business acumen and education accelerate startup success. We believe our study will help develop sharp inferences that will contribute to our current understanding of factors contributing to entrepreneurial success.”
A leading researcher at Rice University’s Jones Graduate School of Business has received a $1.5 million grant from the Ewing Marion Kauffman Foundation to study the effects of entrepreneurship education on entrepreneurial success. The five-year project will work with leading startup support organizations in the United States to track the outcomes of a group of startups receiving a free, concentrated entrepreneurship curriculum.
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“The Kauffman Foundation is widely recognized as the leading independent philanthropic foundation supporting entrepreneurship research and education,” said Jones School Dean Bill Glick. “Its award for Yael Hochberg and financial support for this research provide further validation of the impact and prominence of Rice’s scholarship in entrepreneurship, and we are very grateful to the foundation.”