There has been an ongoing explosion in entrepreneurial activity in recent years, supported by ubiquitous cloud services, accessible, low-cost open source software, big data analytics capabilities, and professionals hungry for new opportunities beyond the 9-to-5 corporate walls. And we're not just talking about Silicon Valley.
A recent study calculates that the number of technology-based startups in the US economy grew 47 percent in the last decade, and these new firms have been "making an outsized contribution to economic growth."
Image: Photo: Joe McKendrick - Cheap, ubiquitous tech means opportunities
