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The relationship between training and small business performance: An analysis of the Barclays Bank small firms training loans scheme

journal contribution
posted on 2023-06-08, 07:51 authored by Stuart Fraser, David Storey, Julian Frankish, Richard Roberts
The authors assess empirically the impact on firm performance of a state-subsidised training-loan scheme for small businesses (the Small Firms Training Loan Scheme). To achieve this assessment, a longitudinal sample of firms that received loans from the leading lender under the scheme, Barclays Bank, and a control sample of otherwise similar nonparticipants with Barclays accounts were studied. The authors present and apply a panel-data methodology for estimating the impact of the scheme on firm growth, which is able to take into account nonrandom selection onto the scheme. The main empirical findings are that participants are both more likely to survive and to grow faster than nonparticipants.

History

Publication status

  • Published

Journal

Environment and Planning C: Government and Policy

ISSN

0263774X

Issue

2

Volume

20

Page range

211-233

Department affiliated with

  • Business and Management Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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