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Education, Training and Networking for Entrepreneurship in ...

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Table 9.7<br />

Competency of entrepreneurs, by their<br />

tra<strong>in</strong><strong>in</strong>g<br />

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

Tra<strong>in</strong>ed Not tra<strong>in</strong>ed<br />

Competent 76 % 70 %<br />

Less competent 24 % 30 %<br />

Sum 100 % 100 %<br />

N entrepreneurs 94 206<br />

<strong>in</strong>g. However, the difference <strong>in</strong> the small sample<br />

is not statistically significant (the probability<br />

value is 0.18 <strong>in</strong> a one-sided chi-square test).<br />

Entrepreneurs have a network of advisors with<br />

a size that may be small or large. Is entrepreneurs’<br />

network size related to their education?<br />

Table 9.8 dist<strong>in</strong>guishes between large networks<br />

<strong>and</strong> small networks <strong>and</strong> also calculates the average<br />

network size with<strong>in</strong> each educational<br />

group. Our sample of entrepreneurs with<strong>in</strong> each<br />

educational group is small, so small as to render<br />

<strong>in</strong>ferences hard. The size of the entrepreneurs’<br />

network appears not to be systematically related<br />

to their education <strong>in</strong> a statistically significant<br />

manner (the probability-value is 0.24 <strong>for</strong> the<br />

chi-square test of the cross-tabulation, <strong>and</strong> the<br />

p-value is 0.19 <strong>in</strong> the anova F-test of differences<br />

among the five group-means). In further research<br />

dur<strong>in</strong>g 2009, I will exam<strong>in</strong>e the relationship<br />

of entrepreneurs’ education to their network<strong>in</strong>g.<br />

Table 9.9<br />

Size of entrepreneurs’ advisory network,<br />

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

Starters <strong>and</strong> owner-managers <strong>in</strong><br />

Denmark 2008<br />

Tra<strong>in</strong>ed Untra<strong>in</strong>ed<br />

Large network 64 % 38 %<br />

Small network 36 % 62 %<br />

Sum 100 % 100 %<br />

Mean size 8,5 6,3<br />

N entrepreneurs 66 159<br />

Entrepreneurs’ advisory network is related to<br />

their tra<strong>in</strong><strong>in</strong>g, Table 9.9. Tra<strong>in</strong>ed entrepreneurs<br />

network more extensively than untra<strong>in</strong>ed entrepreneurs<br />

(the difference is statistically highly<br />

significant, with p-value 0.0002 <strong>in</strong> the one-sided<br />

chi square test of the cross-tabulation, <strong>and</strong> p-<br />

value 0.0002 <strong>in</strong> a one-sided t-test of the difference<br />

between the two means).<br />

Entrepreneurs’ network is also related to their<br />

competency to start a bus<strong>in</strong>ess, Table 9.10.<br />

Competent entrepreneurs network more extensively<br />

than entrepreneurs who do not have this<br />

competency (the difference is statistically significant,<br />

with p-value 0.02 <strong>in</strong> the one-sided chi<br />

square test of the cross-tabulation, <strong>and</strong> p-value<br />

0.01 <strong>in</strong> a one-sided t-test of the difference between<br />

the two means).<br />

Table 9.8<br />

Size of entrepreneurs’ advisory network, by their education<br />

Starters <strong>and</strong> owner-managers <strong>in</strong> Denmark 2008<br />

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

education education education education vocational<br />

nor higher<br />

education<br />

Large network 52 % 27 % 50 % 42 % 50 %<br />

Small network 48 % 73 % 50 % 58 % 50 %<br />

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

Mean size 7,4 5,9 7,5 6,1 7,8<br />

N entrepreneurs 50 26 60 57 30<br />

63

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