"That a large number of U.S.-born tech founders have worked in business for many years also is important in understanding the supply of tech entrepreneurs."
Close to half (45%) of the tech startups where started in the same state where the founders received their education. Of the tech founders receiving from California, 69 percent later went on to create a startup in the state, 58 percent did the same in Michigan, 53 percent in Texas and 52 percent in Ohio.
The top universities were tech entrepreneurs were most likely to earn their degrees include Harvard, Stanford, University of Pennsylvania, MIT, University of Texas, University of California-Berkeley, University of Missouri, Pennsylvania State University, University of Southern California, and University of Virginia.
"Because entrepreneurship is an indicator of economic vitality in regions and across the country, this study raises important policy questions about how to foster greater tech entrepreneurship to boost economic growth," Robert Litan, Kauffman Foundation VP of Research and Policy, said.
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