Content
Published:
This is an archived release.
Entrepreneurs without higher education
One out of three male entrepreneurs in limited companies in 2014 had a higher education. Approximately half of their female counterparts had a tertiary education of at least one year.
2014 | 2013 - 2014 | 2012 - 2014 | ||
---|---|---|---|---|
nuimber of entrepreneurss | Share | Per cent | Per cent | |
1Preliminary figures | ||||
Personal owned companies | ||||
Both sexes | 33 467 | 100.0 | 5.9 | 10.1 |
Males | 20 808 | 62.2 | 4.3 | 6.3 |
Females | 12 659 | 37.8 | 8.5 | 16.9 |
Private and public limited companies1 | ||||
Both sexes | 23 841 | 100.0 | -5.9 | -10.9 |
Males | 19 024 | 79.8 | -6.7 | -11.2 |
Females | 4 817 | 20.2 | -2.2 | -9.8 |
There were 23 841 entrepreneurs in limited companies in 2014. Of these, 19 024 were men and 4 817 were women. Most were in the 25-44 age group. More female than male entrepreneurs had acquired a tertiary education before founding their companies. However, having a higher education did not significantly affect the survival of the company. The proportion of entrepreneurs of limited companies that were active for at least five years after being established varied with the age and education of the founders by just a few percentage points.
Promising youths
For personally-owned enterprises the pattern was different. In 2014, 33 467 entrepreneurs started personally-owned enterprises. More entrepreneurs who founded personally-owned enterprises had a lower education than those who established limited companies. This was particularly true of male entrepreneurs, of whom 20 per cent had only a primary and lower secondary education. Those who established personally-owned enterprises also tended to be younger, with only 25 per cent aged 45 years or more.
High mortality rate
The five-year success rate for newly established personally-owned enterprises is less than 25 per cent. This trend is also seen in the figures showing the share of entrepreneurs with surviving enterprises between 2008 and 2013. The entrepreneur’s level of education affects the five-year success rate. Twenty-eight per cent of the entrepreneurs with more than four years of tertiary education were still in business five years after establishing the company. The corresponding figure for the founders with primary and lower secondary education was 20 per cent. Of all the entrepreneurs who established personally-owned enterprises in 2008, 22.5 per cent were still active in 2013.
Contact
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Håkon Frøysa Skullerud
E-mail: hakon.skullerud@ssb.no
tel.: (+47) 41 43 59 39
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Salah Eddine Ziade
E-mail: salah.ziade@ssb.no
tel.: (+47) 21 09 48 35