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Computer Owners More Likely to Start Businesses

Inc.:

Rebooting - CC by WenDee People with home computers are more likely to start companies in finance, insurance, real estate (F.I.R.E.), and other professional services, and less likely to initiate agriculture, mining, and construction businesses, reported a study released last Thursday by the Small Business Administration Office of Advocacy.

Such results were unexpected, according to Dr. Chad Moutray, chief economist of the Office of Advocacy. “The conventional wisdom is that such individuals would go into the IT field. Instead, they have entered whole hosts of different areas and very few actually go into the computer industry,” he said. The study found that 5.9% of male and less than 2% of female entrepreneurs with prior access founded computer and data processing-related businesses.

In addition, the study found that having access to a home computer slightly increased the probabilities of men or women starting a business, with the relationship between access to home computers and entrepreneurship being much stronger for women.

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