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Education, Training and Networking for Entrepreneurship in ...

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Chapter 8<br />

People’s vocation shaped by education, tra<strong>in</strong><strong>in</strong>g, competency <strong>and</strong><br />

network<strong>in</strong>g<br />

How is people’s <strong>in</strong>volvement <strong>in</strong> entrepreneurship<br />

shaped by their learn<strong>in</strong>g? More specifically,<br />

this chapter addresses the questions, How is<br />

people’s vocation – entrepreneur or not – affected<br />

by their education, by their tra<strong>in</strong><strong>in</strong>g, by their<br />

competency <strong>and</strong> by their network<strong>in</strong>g?<br />

The idea of effects upon people’s vocation from<br />

their education, tra<strong>in</strong><strong>in</strong>g, competency <strong>and</strong> network<strong>in</strong>g<br />

can be symbolized as a path-diagram,<br />

<strong>in</strong> which a hypothesized effect is drawn as an<br />

arrow, Figure 8.1. The task then is to estimate<br />

each dist<strong>in</strong>ct effect, preferably while other<br />

th<strong>in</strong>gs are equal, <strong>and</strong> specifically ascerta<strong>in</strong><br />

whether the effect is different from zero, whether<br />

positive or negative, <strong>and</strong> to estimate the<br />

magnitude of the effect.<br />

The effects among people’s education, tra<strong>in</strong><strong>in</strong>g,<br />

competency <strong>and</strong> network<strong>in</strong>g were estimated <strong>in</strong><br />

the preced<strong>in</strong>g chapter, so here we focus on vocation.<br />

Entrepreneur denotes the vocation of prepar<strong>in</strong>g<br />

or runn<strong>in</strong>g a bus<strong>in</strong>ess. More specifically, entrepreneur<br />

encompasses several specialized types<br />

of entrepreneur, as considered <strong>in</strong> Chapter 1 <strong>and</strong><br />

Chapter 3, <strong>and</strong> here shown <strong>in</strong> Table 8.1 (here<br />

’entrepreneur’ does not <strong>in</strong>clude ex-owners <strong>and</strong><br />

<strong>in</strong>vestors). The entrepreneurs make up about<br />

18% of the adult population <strong>in</strong> Denmark. The<br />

non-entrepreneurs are the vast majority of the<br />

adult population. Here we just consider two vocations,<br />

entrepreneur versus non-entrepreneur.<br />

Figure 8.1<br />

Hypothesized effects upon people’s vocation from their education, tra<strong>in</strong><strong>in</strong>g, competency <strong>and</strong><br />

network<strong>in</strong>g<br />

<strong>Tra<strong>in</strong><strong>in</strong>g</strong><br />

<strong>Education</strong><br />

Competency<br />

<strong>Network<strong>in</strong>g</strong><br />

Vocation<br />

54

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