Newswise - Entrepreneurial activity shows positive signs during these hard times, according to the Global Entrepreneurship Monitor (GEM) 2008 National Entrepreneurial Assessment for the United States of America, produced by Babson College and Baruch College. To view the report, visit www.gemconsortium.org.
* Entrepreneurship Increases: Total entrepreneurial activity (TEA) increased to 10.8% in 2008 from 9.6% in 2007.
* Opportunity Obsessed: Opportunity continues to be the main driver for entrepreneurs in the United States - 87% started their businesses because of a business opportunity while only 13% started their businesses out of necessity.
Entrepreneurs Thrive During Hard Times According To Babson/Baruch U.S. GEM Report