Can Entrepreneurs Be Made?

Interesting stuff from Tech Crunch, especially for those of us in BC who want to grow the amount of successful headquartered tech companies.

"One of the findings of Kauffman research is that of the appx. 600,000 businesses that are started every year, less than a fraction of 1% become high-growth “scale” businesses. These new firms, especially the “scale” firms, have added all of the net incremental jobs to U.S. economy since 1980 (about 40 million), and probably account for about 1/3 of GDP growth since then. So the key to boosting economic growth is to increase the number of successful high-growth startups. After all, the growth rate of our economy is nothing more than the aggregation of the growth of our firms."