Welcome to Small Business Labs

  • Small Business Labs is the research blog for Emergent Research's ongoing project to identify, analyze and forecast the key social, business and technology trends driving the future of small business.

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  • EMERGENT RESEARCH is a cross-disciplinary research and consulting firm. We identify, analyze and forecast the sources and impacts of social and business change. Our focus areas are the global intersections of social and demographic shifts, technology, marketing and economic decentralization.

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  • The authors of Small Business Labs are Steve King, Carolyn Ockels and Anthony Townsend. Steve and Carolyn are partners at Emergent Research and research affiliates at the Institute for the Future. Anthony is a Research Director at the Institute for the Future. Steve, Carolyn and Anthony are co-authors of the Intuit Future of Small Business report series.

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May 06, 2008

6 Million Small Businesses Started in 2007

The Kauffman Foundation recently released their annual Entrepreneurial Activity report for 2007.  According to Kauffman, roughly 6 million small businesses were started in 2007.  Also, the entrepreneurial activity rate increased slightly over 2006.  Some of the key findings:

  • Immigrants continue to start businesses at a much higher rate than native born and the spread is increasing.
  • Men start businesses at a much higher rate than women and are now twice as likely to start a business.
  • The entrepreneurial activity rate for Latinos increased substantially in 2007.

The report also has detailed data by state and major metropolitan areas.

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Comments

interesting stuff. I just got finished reading the PDF. It kind of inspired me to know that so many people are starting businesses. I believe its a good thing.

What would be good to know now is how many of the small businesses started are still around after 1 year?

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