If you’ve been reading the newspaper recently, you might have heard that the Great Recession has been a boom time for entrepreneurs. No less an authority than former Labor Secretary Robert Reich wrote in a New York Times opinion piece, “LAST year was a fabulous one for entrepreneurs, at least according to the Kauffman Index of Entrepreneurial Activity released last month by the Ewing Marion Kauffman Foundation.”
Reich quotes the Foundation as saying “Rather than making history for its deep recession and record unemployment, 2009 might instead be remembered as the year business startups reached their highest level in 14 years — even exceeding the number of startups during the peak 1999-2000 technology boom.”
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Author: Scott Shane