Ventures Launched After Entrepreneurial Education Employment and Income Effects

Authors

  • William C. Wedley Simon Fraser University
  • Robert G. Wyckham Simon Fraser University

Abstract

Graduates of a New Enterprise Program were tracked to find out what they did with their business plans. Of 73 graduates, 58 launched new ventures. Fifty six of these new ventures produced 225 new jobs, and 29 of them produced an incremental value added of $6 .3 million. Including the multiplier effect, the total ecnomic benefit are over 338 job; and $10.8 million value added . Younger candidates not employed by large businesses with completely new ventures pa t the pre-startup stage are more likely to launch venues. However, it is the more experienced candidates analyzing the project for their employers who are likely to produce greater employment and wealth .

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Published

1993-01-09

Issue

Vol. 4 No. 1 (1993)

Section

Articles

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How to Cite

Ventures Launched After Entrepreneurial Education Employment and Income Effects. (1993). Journal of Small Business Strategy (archive Only), 4(1), 23-40. https://libjournals.mtsu.edu/index.php/jsbs/article/view/269