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Description
The study examines the role of age, education, and family in the entrepreneurial activities of Start-Up founders in Greece. The study focuses exclusively on Greek Start-Up founders, analyzing trends and specific impacts within the Greek economic environment. The Greek Start-Up ecosystem has evolved significantly since 2018, despite Greece's low ranking in the Economic Freedom Index and the Global Innovation Index. The research highlights various demographic variables influencing entrepreneurial success, such as education, work experience, and age. Recent studies emphasize the importance of the founding team's experience, education, number of founders and their sets of skills and network.
The sample of the study consists of 321 Greek Start-Up founders. The study's data collection was conducted between November 2022 and December 2023. Data collection involved both probability sampling and judgmental selection techniques, focusing on companies present in exhibitions, accelerators and associations related to innovation and Start-Ups. The sample includes start-ups which have not been registered as companies, and excludes Start-Ups with Greek Founders which operate outside Greece. These choices provide a deeper understanding of the Greek Start-Up ecosystem, which distinguishes this study from the ones limiting on registered Start-Up companies and/or including Start-Up founders who base their companies outside Greece.
The research findings highlight the role of Age, Education, Entrepreneurial Education and Family not only on entrepreneurial success, but examines the impact on other entrepreneurial variables, providing a deeper understanding of the complex relationships of the entrepreneurial environment.
The rapidly changing economic and political environment may affect the Greek Start-Up ecosystem. Future research should include data from other ecosystem members, such as investors.