4.2 The educational level of entrepreneurs

As shown in Figures 3 and 4, which are plotted in the same manner as Figure 1, the survey found that the majority of the entrepreneurs in the supported microenterprises have only an elementary education. This category would also presumably include those workers who would be vulnerable to being laid off during a time of recession due to financial and economic crisis. Therefore, this type of situation would seem to adequately reflect and justify the government’s policies and programmes and the assistance provided to laid-off workers.

Considering the fact that many of the independent microenterprises and small enterprises are businesses which were established independently without much support from government agencies, this may suggest that “real” business opportunities are more accessible to those people with higher levels of education.