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Education, Training and Networking for Entrepreneurship in ...

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er education have lower expectations than<br />

those with long higher education. In other<br />

words, those with long higher education have<br />

especially high expectations <strong>for</strong> growth.<br />

The effects among education, tra<strong>in</strong><strong>in</strong>g, competency<br />

<strong>and</strong> network<strong>in</strong>g with advisors were estimated<br />

<strong>in</strong> Chapter 9 (Figure 9.2), except the effects<br />

of education upon network<strong>in</strong>g.<br />

These estimated effects upon owner-managers’<br />

growth-expectations are shown <strong>in</strong> Figure 12.2,<br />

where a positive effect is drawn as a solid arrow,<br />

a negative effect is denoted by a dashed<br />

arrow, <strong>and</strong> the magnitude of an effect is shown<br />

by the thickness of the arrow.<br />

Figure 12.2<br />

Estimated effects upon growth-expectations from education, tra<strong>in</strong><strong>in</strong>g, competency <strong>and</strong><br />

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

Owner-managers <strong>in</strong> Denmark<br />

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

Medium higher<br />

education<br />

Competency<br />

Short higher<br />

education<br />

Vocational<br />

education<br />

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

Neither vocational<br />

nor higher education<br />

Growth<br />

expectations<br />

78

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