Start-up woes for Scotland
Sep 23 2009
Scotland's entrepreneurial culture is flagging
The business start-up rate in Scotland is the second lowest in the UK, new research has found.
According to the tenth Global Entrepreneurship Monitor (GEM) for Scotland, entrepreneurial potential north of the border is being stifled by a lack of enterprise training in colleges and universities.
The report states that of all the UK regions Scotland has the lowest percentage of adults who know someone who has started a business in the last two years, with a figure of 22 per cent, compared to a UK average of 26 per cent and a high of 30 per cent in London.
Dr Jonathan Levie of the Hunter Centre for Entrepreneurship at the University of Strathclyde, co-author of the report, says: ‘In Scotland, enterprise training in higher and further education doubles the chances of someone starting a business.
‘What’s needed now is a significant increase in entrepreneurship training in third level education in Scotland if national targets for increasing Scotland’s start-up rate are ever to be achieved.’
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