A new study by Chad Moutray with the Office of Advocacy of the SBA shows why so many of us are trying to reach across college campuses to teach about entrepreneurship.
College graduates who specialize in social science tend toward self-employment as compared to those with bachelor’s degrees in other subjects, according to a working paper released today by the Office of Advocacy of the U.S. Small Business Administration. The paper used data tracking a group of university graduates from the class of 1993 through 2003.
What is very telling is why these students want to be entrepreneurs. It, once again, helps dispel the myth that entrepreneurship is “all about the money.”
Moutray found that a student’s motivation as measured by a series of “values” questions in 1993, closely tracked with employment decisions a decade later. For example, those who valued job-security were more likely to be government employees, those who desired intellectual challenge were likely to work in non-profits, and those who did not highly value prestige and status were more likely to be self-employed