WNYT.com

News summary: Entrepreneurship grows with economy

Updated at: 11/29/2012 5:35 PM
By The Associated Press

ENTREPRENEURIAL SPIRIT: A study by researchers at Babson College and Baruch College found that the number of people starting or running new businesses grew 60 percent to 29 million in 2011.

FUTURE FORTUNES: Forty percent of those entrepreneurs expected to create more than five new jobs apiece in the next five years _ a trend that could help the economic recovery gain momentum.

SEEMS LIKE OLD TIMES: The jump in entrepreneurship last year matched the gain registered in 2005, two years before the start of the recession.

(Copyright 2012 by The Associated Press. All Rights Reserved.)