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Nevertheless, the level of entrepreneurship in 2011 is among the highest during the past 16 years.
The startup rate for new businesses declined in 2011 and new entrepreneurs were more likely to go it alone than hire employees, new data from the Kauffman Index of Entrepreneurial Activity show. The annual survey, released this week by the private, nonpartisan Ewing Marion Kauffman Foundation, showed a 5.9 percent drop from 2010 to 2011, with approximately 543,000 new businesses created in the U.S. each month last year. Even with the drop, the level of entrepreneurship in 2011 is among the highest during the past 16 years. I spoke recently with Kauffman researcher E.J. Reedy, who worked on the study. Edited excerpts of our conversation follow. read more on BusinessWeek
Keywords: Entrepreneurial Activity, Company Foundation, Entrepeneurship
We thank Ronnie for the hat tip.
PRIVATE EQUITY DEMYSTIFIED, An explanatory guide, John Gilligan and Mike Wright _________________________________________________________________________________
PRIVATE EQUITY NEWS:
FOUNDER HIGHLIGHTS AND FOUNDER FRUSTRA- TIONS:
PRIVATE EQUITY STATISTICS:
WORKING PAPERS PRIVATE EQUITY AND VENTURE CAPITAL:
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