Building on the previous article, the Kauffman Foundation is out with the results of a survey they conducted that looked at how people relate to entrepreneurs. Specifically it asked two questions (after demographic questions): Do you know any entrepreneurs and do you know any growth entrepreneurs (those working in high growth fields like biotechnology)? You can read the report here:
http://www.kauffman.org/uploadedFiles/DownLoadableResources/is-entrepreneurship-contagious.pdf
The conclusion the report reaches is that entrepreneurship is viral, but that those in certain segments of the population are exposed to it differently and in different ways (regular versus high growth). It points out that those in low income may know many entrepreneurs , but very few in high growth industries. This is unsurprising for many reasons, but it is interesting to see data that supports the idea. Similarly, higher incomes correlated with more high growth entrepreneurs . This report focused on just two questions, so there are many unknowns, however being able to see how certain groups of people are more familiar with different types of entrepreneurship due to their socio-economic status is fascinating.
This report builds on the suggestion from the previous post that exposing lower growth populations (low income, women, and others according to the study) to high growth entrepreneurs (or venture capitalists) it could have a catalytic effect on how they view or engage in entrepreneurship . This further encourages the idea that there are ways to boost high growth industries in depressed areas, perhaps as simply as having people mingle more.
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