IDEAS home Printed from https://ideas.repec.org/a/wsi/jdexxx/v12y2007i01ns1084946707000551.html
   My bibliography  Save this article

Microenterprise Development Program Success: A Path Analysis Of Factors That Lead To And Mediate Client Success

Author

Listed:
  • MICHELE CRANWELL SCHMIDT

    (Center for Rural Studies, University of Vermont, 207 Morrill Hall, Burlington, Vermont 05405, USA)

  • JANE M. KOLODINSKY

    (Community Development and Applied Economics, University of Vermont, 202 Morrill Hall, Burlington, Vermont 05405, USA)

Abstract

Through a path regression analysis of data from the Vermont Micro Business Development Program, this study examines the relationships between client characteristics, program activities, interim outcomes, and impacts, to understand factors that lead to and mediate client success in microenterprise development programs and as entrepreneurs. Statistics demonstrated excellent model fit to the data. The interim outcome of improved personal well-being was related to more sources of capital, course completion, being partnered and younger. Starting a business was related to having more financial resources and mediated by improved well-being. Clients who experienced an increase in income had previous business experience and an increase in assets. Increased income was mediated by improved well-being and business start. Reduction in public assistance was related to course completion, more sources of capital, not being in poverty, and increased assets. Increased assets were related to more education, not being in poverty, and more sources of capital. Being older, more sources of capital, a larger family, and improved well-being led to job creation. Overall, access to more financial resources enabled clients to meet personal and business goals and work toward self-sufficiency. The results suggest implications for public policy regarding business training and loan financing.

Suggested Citation

  • Michele Cranwell Schmidt & Jane M. Kolodinsky, 2007. "Microenterprise Development Program Success: A Path Analysis Of Factors That Lead To And Mediate Client Success," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 12(01), pages 47-69.
    • Handle: RePEc:wsi:jdexxx:v:12:y:2007:i:01:n:s1084946707000551
    DOI: 10.1142/S1084946707000551
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1084946707000551
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1084946707000551?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bong Geul Chun & Hanwook Yoo, 2015. "Effects of government subsidies on investment by small companies," Chapters, in: John Karl Scholz & Hyungypo Moon & Sang-Hyup Lee (ed.), Social Policies in an Age of Austerity, chapter 11, pages 284-296, Edward Elgar Publishing.
    2. John Karl Scholz & Hyungypo Moon & Sang-Hyup Lee (ed.), 2015. "Social Policies in an Age of Austerity," Books, Edward Elgar Publishing, number 16524.
    3. Samia Amin & Mary Anne Anderson & Christopher Jones & Kristen Joyce & Natasha Nicolai & Mikia Manley & Irma Perez-Johnson, "undated". "Creating Jobs When You Can't Find Any: Implementation Lessons from a Self-Employment Pilot Program for the Unemployed," Mathematica Policy Research Reports 83e88135474b48b79b9890d96, Mathematica Policy Research.
    4. Dan-Ching Huang & Tzong-Ru Lee & Per Hilletofth & Ching-Kuei Kao, 2016. "Creation of a step-by-step process in the pre-startup of a micro business," International Journal of Management and Enterprise Development, Inderscience Enterprises Ltd, vol. 15(1), pages 43-60.
    5. Mary Anne Anderson & Samia Amin & Irma Perez-Johnson & Caroline Massad Francis, "undated". "What Does $1,000 in Seed Capital Buy? Emerging Lessons from the SET Program’s Offer of Microgrants for Business Start-Ups," Mathematica Policy Research Reports 1af8dc28b1524531a6421c18d, Mathematica Policy Research.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jdexxx:v:12:y:2007:i:01:n:s1084946707000551. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jde/jde.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.