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Franchise Pick

Asian-Americans from Mississippi are the Top Entrepreneurs

by sean on June 5th, 2007

(FranchisePick.Com)  Know anyone who likes their fish raw but their pickles deep-fried?  Who has a fondness for drinking Oolong Sweet Tay?  They may among the nation’s most dynamic entrepreneurs, according to a national report.

The annual Kauffman Index of Entrepreneurial Activity reports:

-  Entrepreneurial activity from 1996 to 2006 remained relatively constant

-  On average, 0.29 percent of the adult population created a business each month

 - 465,000 new businesses are launched monthly.

-  Montana, Mississippi and Georgia had the most entrepreneurial activity

-  Mississippi, Hawaii and Rhode Island had the largest increases in entrepreneurial activity over the last 10 years.

-  Asians had the highest increase in the rate of entrepreneurial activity

-  Native-born children of immigrant entrepreneurs started businesses at a substantially higher rate high than children of non-immigrants at 0.27 percent. 

 

[Source:  Entrepreneur Business Blog]

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