Entrepreneurship in America

"The Entrepreneur Next Door

Characteristics of Individuals Starting Companies in America"

A Report Sponsored by the Ewing Marion Kauffman Foundation

Some key findings:

"About 6.2 in every 100 U.S. adults 18 years and older are engaged in trying to start new firms. That means that approximately 10.1 million adults in the United States are attempting to create a new business at any time."
"About one-half of all new ventures are started by teams of people. The 10.1 million involved in start-up activities represents about 5.6 million potential new businesses."
"Men are twice as likely to be starting new businesses as women."
"Blacks are about 50 percent more likely to engage in start-up activities than whites."
"New firms are the dominant source of net job growth."

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