Sorry, Not Everyone is Born to Be a Startupper

In this report we applied the cluster analysis methodology to the data we collected in 2012 on Italian startups. We identified three groups (clusters), each one with its own specific characteristics. Our results show that differences in human capital (Techno‐Startuppers, Employees turned Startuppers and Proven Entrepreneurs) impact the output of the entrepreneurial process, resulting in the creation of different firms (1st Generation Startups, Born into Crisis Startups, and Scalable Startups).

Mind the Bridge Foundation, with the scientific support of CrESIT – Insubria University of Varese, continues its investigation of the Italian entrepreneurial scenario, providing unique insights into our country’s startups and their founders.

Data show that startups contribute roughly to 20% of job creation and represent approximately 3% of overall employment1. Thus, properly understanding the startup universe remains a primary goal. Towards this end, one must go beyond the numbers and focus on the drivers of startup creation that ultimately contribute to their growth and success.

It is important, therefore, to profile Italian founders and early teams. This not only involves a deep analysis of their demographic characteristics, but also the personal backgrounds of founders — their educational and professional paths, both as founders and employees.