Thought for the month

“It is a general popular error to suppose the loudest complainers for the public to be the most anxious for its welfare.” Edmund Burke, politician (1729 – 97).

Wednesday, 9 May 2018

Age matters

A recent study shows that the highest success rates in entrepreneurship come from people aged in their forties. The theory being that key entrepreneurial resources, such as human capital, financial capital, and social capital, accumulate with age. Mechanisms by which young people are proposed to have advantages, such as energy or originality, may still be operating, but if so they seem to be overwhelmed by other forces.

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