Age and Experience of High-tech Entrepreneurs

Every other year I go to BCERC, an academic conference about entrepreneurship. Not only to listen to researchers but also to add my own contribution. (You can find my previous contributions with tag BCERC). It’s also a way to confront and share ideas and results with others. This year, I wrote a short paper about Age and Experience of High-tech Entrepreneurs. The slides are available on slideshare and here they are:

The paper is available on SSRN. Why did I do this, well, you can have a look at the slides or even read the 15-page paper. But my point was to react to recent claims that high-tech entrepreneurs are on average about 40-year old. I was surprised and did my own analysis based on about 570 founders… and yes, the average age is about 38. But… the devil is in the details. It is sector-, time-, region- dependant. And even more surprisingly, the higher the value creation, the younger the founders. here are just a few tables as a quick conclusion…

BCERC2014-age-vs-field-period

BCERC2014-age-vs-geography

BCERC2014-age-vs-valuecreation

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