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Fact of the Week: 6 August 2012

fact of the week

One Fifth of New Entrepreneurs in 2011 Were Older Adults

Over the years from 1996 to 2011, there has been a rise in the "share of new entrepreneurs [that is, non-business owners who start a new business during the year] in the ages 55-64 group. This group represented 14.3 percent of new entrepreneurs in 1996, whereas it represented 20.9 percent of new entrepreneurs in 2011," according to a 2012 analysis of CPS data by the Kauffman Institute.

Fairlee, R. W. (2012). Kauffman Index of Entrepreneurial Activity 1996-2011. Kansas City, MS: Kauffman Foundation of Entrepreneurship. Retrieved from

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