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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.
Photo by MS Design.
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