The Kauffman Foundation published a study in 2009 that says that “in every single year from 1996 to 2007, Americans between the ages of 55 and 64 had a higher rate of entrepreneurial activity than those aged 20-34, averaging a rate of entrepreneurial activity roughly one-third larger than their youngest counterparts.”
The study also points out that:
- The 20-34 age bracket has the lowest rate of entrepreneurial activity.
- Long-term employment has fallen dramatically for people ages 35-64 over the past ...