Last month, the results of the Global Entrepreneurship Monitor (GEM) U.S. Report showed entrepreneurship levels in 2012 climbed to a 10-year high. U.S. adults in the nascent stages of entrepreneurship, either in the process of starting a business or a new business owner, reached almost 13% in 2012, up slightly from 12.3% in 2011.
Here are a few of the report’s findings:
U.S. entrepreneurs are diverse in age and gender
There are seven women for every 10 men engaged in entrepreneurship in the U.S.
Entrepreneurship is not age specific; it attracts everyone from youth to seniors. Regardless of the age group, when workforce participation rates are taken into account, approximately 15-20 percent of adults in the workforce in each age group are engaged in entrepreneurship.
Americans are highly optimistic about entrepreneurship in the U.S.
More than 43 percent of Americans believe there are good opportunities for entrepreneurship, a more than 20 percent jump from 2011 and the highest level recorded since GEM launched in 1999.
- 56 percent of Americans believe they have the capabilities to start a business – a figure that has remained remarkably stable over the past five years despite severe economic volatility.
Source: Global Entrepreneurship Monitor