VoxDev Development Economics S6 Ep44: What have we learned about training entrepreneurs?
Nov 5, 2025
David McKenzie, a World Bank economist and senior editor of the VoxDevLit, dives into the intricacies of training entrepreneurs in developing countries. He discusses the diverse needs of different types of businesses, from subsistence microenterprises to high-growth startups. McKenzie reveals that while many skills can be taught, not all training has lasting effects. He emphasizes the importance of realistic outcomes and highlights that innovative delivery methods, including AI, are emerging in entrepreneur training. Finally, he considers the significant role of women in entrepreneurship.
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Episode notes
Entrepreneurs Span A Wide Spectrum
- The term 'entrepreneur' covers a wide spectrum from subsistence microentrepreneurs to high-growth startups.
- Different firm types need different training programs rather than a one-size-fits-all approach.
Entrepreneurial Skills Are Teachable
- Many core entrepreneurial skills (accounting, marketing, planning, proactivity) are teachable.
- The 'born vs made' debate matters less for practical, teachable business skills.
Use Short Group Workshops For Basics
- Use short group classroom sessions to teach basic bookkeeping, budgeting, inventory and marketing skills.
- Target 3–12 day workshops for microenterprise owners who need practical fundamentals.