2. BACKGROUND
This survey conducted to measure Indonesian startup founders/co-
founders perception & opinion on the importance of formal
education on the success of a business startup effort
Survey conducted by
contacting through
DailySocial.id contacts network via
email. A total of 72
startup founders and co-
founders responded.
4. LEVEL OF FORMAL EDUCATION
23,20%
10,10%
58%
5,80%
2,90%
Completed postgraduate (S2)
Some postgraduate
Completed college/vocational (S1/D3)
Some college/vocational
Completed high school
What is the highest level of formal education that you have completed?
5. None of our surveyed founders have pursued doctorate
degrees, and at the same time all of our founders have at
least completed high school. There were no founders that did
not at least complete high school.
The highest percentage goes to college/vocational, with 58%
of respondents reporting that they have completed their
undergraduate/college degree.
LEVEL OF FORMAL
EDUCATION
6. ALMAMATER
Which of the following universities/institutions would you count as
ever having formally attended?
8.70%
4.30%
While 17.40% of the respondents
went to another university or
institute in Indonesia
13%
7.20%
4.30%
2.90%
7. ALMAMATER
Which of the following universities/institutions would you
count as ever having formally attended?
18.80% went to another
university/institute which are not
listed on the survey and 4.30%
did not attend any
university/institute
8.70% went to another
university/institute in USA.
8.70% went to another
university/institute in Asia
outside of Indonesia.
2.90% went to another
university/institute in
Europe/Australia/New
Zealand
8. ALMAMATER
The largest percentage of our founder respondents report attending a
university/institute not listed in our survey (18.8%). The second highest
number (17.4%) report going to an Indonesian university other than UI,
ITB, UGM, Binus, IPB, or ITS.
None of our respondents report ever going to the following elite
international universities: MIT, Stanford, Harvard, Nanyang, NTU, Oxford or
Cambridge.
Three founders (4.3%) report not ever attending school beyond high
school.