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Upstart
Business Journal
Entrepreneurship
booms in U.S., but real potential lies elsewhere
by Laura Baverman, Contributing Writer
November 29, 2012
Pat
yourselves on the back U.S. entrepreneurs. You’ve created a movement.
The rate of entrepreneurship is growing at the fastest pace since
pre-recession, creating tons of new jobs and outpacing activity in
other global
nations.
And
these aren’t forced entrepreneurs. They’re so confident,
they’re leaving perfectly fine existing jobs to chase a dream or test a
hypothesis.
But
not so fast.
Research
released today by Babson College shows that
entrepreneurial activity in the States, though higher than in recent
years, is
still dominated by men. Sales are also largely confined within this
nation,
while startups around the world are growing much faster.
Donna
Kelley, the lead author of the 2011 Global Entrepreneurship
Monitor U.S. report and a Babson entrepreneurship professor, suggests
that we
may be missing out on huge potential economic impact.
First,
from women, who are less likely than men to take a risk but
equally capable of building a business. Second, from entrepreneurs
focused
solely on the U.S. market.
“Global
entrepreneurs are multilingual and multicultural and U.S.
entrepreneurs just aren’t,” Kelley told the Upstart Business Journal.
“We
really need to be thinking multi-culturally, about the world as our
market and
playing ground…
Read
the rest of the article at Upstart Business Journal
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