Latinos as entrepreneurs in USA

 

JULY 02, 2012 Monday

U.S.-Born Are Half as Likely to Start Businesses as Immigrants

Native-born Americans are half as likely to start new businesses as immigrants, and among U.S. natives, whites are the only major demographic group to show a decline in its share of all new entrepreneurs from 1996-2011, according to the Ewing Marion Kauffman Foundation. The Latino share of new entrepreneurs during that period rose from a little more than 10% to 22.9%, reflecting increased entrepreneurship among the group as well as a growing share of the U.S. population. The Asian share of new entrepreneurs also rose substantially, but remains modest at 5.3%. The African American share increased slightly.

Source: New Business Startups Declined in 2011, Annual Kauffman Study Shows