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July 07, 2022 | Tom Ballard

Kauffman Foundation reports that nation’s start-up spirit has remained strong

As the repercussions of the COVID-19 pandemic resonated across the United States economy in 2021, the nation’s start-up spirit remained strong.

That’s according to the early stage measures within the “Kauffman Indicators of Entrepreneurship” that found that business ventures open a year or less reported ongoing success at a relatively high rate while new businesses increasingly started out of opportunities instead of necessity.

To provide some context to the data and analysis, Robert Fairlie, Professor of Economics at the University of California, Santa Cruz, and lead researcher for the Kauffman Foundation on its indicators of early stage entrepreneurship, discussed the findings in this article produced by the Kansas City-based organization.