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Are Ph.Ds Turning Their Back On Entrepreneurship?

The Horizons Tracker

The paper shows that the rate of startup formation has been on the decline for companies run by PhDs in science and engineering since 1997, which is particularly worrying as this group is regarded as crucial in transferring knowledge from lab to market. of physicians operating as independent owners in 2019, versus 48.5%

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Entrepreneurship Suffers When Well-Paid Jobs Are Plentiful

The Horizons Tracker

This decline in highly-skilled entrepreneurs was also discovered by a study from Osaka University, which shows that the rate of startup formation has been on the decline for companies run by PhDs in science and engineering since 1997, which is particularly worrying as this group is regarded as crucial in transferring knowledge from lab to market. “We