first barometer of entrepreneurship at hec paris

All rights reservedMarch 4th, 2015 #HEC4Entrepreneurs

1st barometer of ENTREPRENEURSHIP

@

HEC PARIS

All rights reservedMarch 4th, 2015 #HEC4Entrepreneurs

Context elementsPerimeter definition & survey methodology

• Carried out on 5 graduating classes: 2004, 2011, 2012, 2013 et 2014

• On all courses: Grande École, SM, MSc, MBA & Executive MBA

• 8,500 alumni contacted by phone & mail between November 2014 & January 2015

• 30% response rate

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HEC Entrepreneurs start their businesses ever earlierBusiness creation rate among pre-experience students (Grande École, SM & MSc)

1 year after graduation

0% 10% 20% 30% 40% 50%

2%

13%

15%

6%

19% 2013

2012

2011

2004

All master’s degree holders

Source : APEC 2014

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Entrepreneurship is not privilege of the youngCurrent business creation rate by graduation type (from the class of 2013)

0% 10% 20% 30% 40% 50%

25%

15%

19%

44%

MBA

Executive MBA

All 2013 graduates

Pre-Experience students (Grande École, SM & MSc)

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HEC Entrepreneurs want to stay at homeInternational business creation rate by graduation type

0% 20% 40% 60% 80% 100%

29%

16%

71%

84%

MBA

All graduates

France International

A Multi-sector creationBusiness creation by industry

B2B Services, Legal advice, Accounting & Consulting Internet & Telecom businesses Sports, Event organization,

Media & Advertising

Tourism, Luxury, Wine & Fooding (inc. Restaurant)

Retailing & Distribution

Building, Transport & Heavy industry

25% 20% 12%

8%9%10%

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Innovation is one of the main drivers to entrepreneurship at HECMain drivers to entrepreneurship

0% 10% 20% 30% 40% 50% 60% 70% 80%

14%

19%

39%

47% “Want to be my own boss”

“Want to innovate and create new business models”

National averageSource: Baromètre Envie

d’Entreprendre 2013 (France)

“Take advantage of the Digital Revolution”

“Repelled by big business”

77%

0%

20%

40%

60%

80%

100%

37%

69%

35%

9%

28% 22%

HEC Entrepreneurs know how to partnerDistribution of the numbers of associates among created businesses

HEC Entrepreneurs

With several associates

Alone

With 1 associate

French national averageAPEC 2014

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An ambition for growth that meets the trust of investorsRate of recourse to business angels or private equity

0%

10%

20%

30%

23%

11%

Baromètre Envie d’Entreprendre 2013

(France)

HEC Entrepreneurs

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0%

20%

40%

60%

80%

100%

81%

39%

21%

57%

73%

43%

25%

43%

A supportive entrepreneurial ecosystemGraduates willing to support HEC Entrepreneurs

At least one of those 3 proposals

Mentoring Investing financially in projects

Playing a facilitating role with companies in a

specific sector

All answers

Answers from entrepreneurs

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Main take-aways from the barometerAn HEC Entrepreneur is versatile, deeply connected and works with a comprehensive understanding of his/her environment

Entrepreneurship is a growing trend at HEC

HEC Entrepreneurs know how to surround themselves and create value both for domestic and foreign markets

HEC businesses are reliable and designed to last long