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That's one conclusion you could make. An alternative conclusion is that educated would-be entrepreneurs are now receiving higher wages in industry, resulting i
by usaar333 8y ago
That's one conclusion you could make.
An alternative conclusion is that educated would-be entrepreneurs are now receiving higher wages in industry, resulting in the group shifting to industry. Less educated would-be entrepreneurs see wages lowering/stagnant in corporations and thus shift to entrepreneurship.
Income source: https://www.advisorperspectives.com/dshort/updates/2017/09/19/u-s-household-incomes-a-50-year-perspective https://www.advisorperspectives.com/dshort/updates/2017/09/1...
- laser 8y agoRight, that's definitely a huge component, and one that is focused on in the original article. I bring up these other factors because they're not mentioned, including the fact that the rate of entrepreneurship has actually increased among the least formally educated.