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Education, Training and Networking for Entrepreneurship in ...

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less than 0.0001 <strong>in</strong> a one-sided chi-square test).<br />

By far most entrepreneurs are competent, <strong>and</strong><br />

by far most non-entrepreneurs do not have this<br />

competency.<br />

Entrepreneurs’ network<strong>in</strong>g with advisors<br />

Entrepreneurs network with a variety of advisors,<br />

Table 9.4. The entrepreneurs most frequently<br />

receive advice from someone with expertise<br />

<strong>in</strong> what the entrepreneur does, from<br />

someone with much bus<strong>in</strong>ess experience, from<br />

an accountant, <strong>and</strong> from friends. On average,<br />

the entrepreneurs receive advice from 7 k<strong>in</strong>ds<br />

of advisors, but some entrepreneurs have much<br />

larger networks whereas other entrepreneurs<br />

have much smaller networks.<br />

higher education have less frequently than others<br />

been tra<strong>in</strong>ed. This appears to be the one notable<br />

difference, but our sample is so small that<br />

the rather small differences are not statistically<br />

significant (the probability-value is 0.37 <strong>in</strong> the<br />

chi-square test).<br />

Entrepreneurs’ competency is related to their<br />

education, Table 9.6. Entrepreneurs with vocational<br />

or long higher education consider themselves<br />

competent more frequently than entrepreneurs<br />

who have neither vocational nor higher<br />

education, which is not surpris<strong>in</strong>g (educational<br />

groups differ we conclude with considerable<br />

statistical confidence, the probability-value<br />

is 0.0002 <strong>in</strong> a chi-square test).<br />

Relations among entrepreneurs’ education,<br />

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

Entrepreneurs’ tra<strong>in</strong><strong>in</strong>g appears related to their<br />

education, Table 9.5. Entrepreneurs with long<br />

Entrepreneurs’ competency also appears related<br />

to their tra<strong>in</strong><strong>in</strong>g, Table 9.7. Tra<strong>in</strong>ed entrepreneurs<br />

appear to be competent more often than<br />

untra<strong>in</strong>ed entrepreneurs, which is not surpris-<br />

Table 9.5<br />

<strong>Tra<strong>in</strong><strong>in</strong>g</strong> of entrepreneurs, by their education<br />

Entrepreneurs <strong>in</strong> Denmark 2008<br />

Vocational Short further Medium further Long higher Neither<br />

education education education education vocational<br />

nor higher<br />

education<br />

Tra<strong>in</strong>ed 35 % 33 % 34 % 21 % 35 %<br />

Untra<strong>in</strong>ed 65 % 67 % 66 % 79 % 65 %<br />

Sum 100 % 100 % 100 % 100 % 100 %<br />

N entrepreneurs 69 39 76 70 51<br />

Table 9.6<br />

Competency of entrepreneurs, by their education<br />

Entrepreneurs <strong>in</strong> Denmark 2003-08<br />

Vocational Short higher Medium higher Long higher Neither<br />

education education education education vocational<br />

nor higher<br />

education<br />

Competent 78 % 71 % 75 % 78 % 69 %<br />

Less competent 22 % 29 % 25 % 22 % 31 %<br />

Sum 100 % 100 % 100 % 100 % 100 %<br />

N entrepreneurs 983 306 729 867 509<br />

62

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