Business Startup Rate Drops In U.S.
Slightly more than 10 percent of American adults are starting or running a new business, according to the 2006 Global Entrepreneurship Monitor.
That’s down from 12.4 percent a year ago, but within the statistical margin of error, according to GEM researchers.
In every country except the Philippines, men are more likely to start a business than women. However, the gender gap is most pronounced in high-income countries.
Individuals, ages 25 to 34, are the most likely to start new businesses; adults in the 55 to 64 age range are the least likely.
The annual GEM research project is directed by Babson College and the London Business School.
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