Study: Education and Tech Entrepreneurship


An interesting study was released by the Kauffman Foundation. Entitled “Education and Tech Entrepreneurship”, the study has produced a lot of conversation, especially in communities centered around young entrepreneurs, with its finding that “that most U.S.-born tech founders of technology and engineering companies are middle-aged with sixteen years of work experience before they launch a startup. The twenty-year-old wunderkind is the exception, not the rule.” (Page 9) The study “reveals most U.S.-born technology and engineering company founders are middle-aged, well-educated, and hold degrees from a wide assortment of universities.” Interestingly for Penn State founders, while the Ivy Leagues get a lot of press regarding their graduated entrepreneurs, the study also reports that “92 percent of the U.S.-born tech founders” come from non-Ivy League schools. Penn State is listed as one of the top 10 universities awarding US-born Tech Founders’ terminal degrees. (Page 7)

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