A portrayal of new entrants into the Australian economy (Entrepreneurial individuals and ventures)

Davidsson, Per & Gordon, Scott R. (2013) A portrayal of new entrants into the Australian economy (Entrepreneurial individuals and ventures). Business Creation in Australia, 01. Queensland University of Technology Business School, Brisbane , QLD.

Abstract

This paper provides a descriptive overview of the venture creation in Australia, those who participate in it and the types of firms they build. Findings of interest in this paper include:

• The majority of business founders (89 per cent) state the motivation to start a new business is opportunity-driven rather than necessity driven.

• The extent of under-representation of women business founders in Australia appears to be lower than international comparisons and has decreased over time.

• Australian business founders tend to possess significant ‘human capital’ many are university-educated, and large shares have different types of experience that may benefit the start-up.

• The major industries for start-up activities are Retailing; various service industries (Business Consulting; Health, Education and Social; other Consumer services); Construction, Manufacturing, and Agriculture.

• A large proportion of CAUSEE respondents (49 per cent nascent firms and 46 per cent young firms) are members of start-up teams, which is similar to international comparisons.

Impact and interest:

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ID Code: 62917
Item Type: Report
Refereed: No
Additional Information: Prepared for the Department of Industry
Keywords: Entrepreneurship, Nascent Entrepreneurship, Business Start-Up, New Venture Creation, Business Creation in Australia, Australian Entrepreneurship, Entrepreneur Statistics, New Venture Founders, Human Capital, Social Capital, Comprehensive Australian Study of Entrepreneurial Emergence, CAUSEE, Per Davidsson, Scott Gordon, ACE report
ISBN: 9781921897856
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
Divisions: Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Funding:
Copyright Owner: Copyright 2013 The author(s)
Copyright Statement: Copyright 2013
Deposited On: 17 Nov 2013 23:41
Last Modified: 05 Jun 2015 08:29

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