Thursday, May 24, 2007

Study Shows Which States Have Entrepreneurial Growth

Wisconsin Technology Network reports on the "national assessment of entrepreneurial activity by the Ewing Marion Kauffman Foundation.":
The five states with the highest rates of entrepreneurial activity were Montana, which has 600 entrepreneurs for every 100,000 people; Mississippi, 520 entrepreneurs per 100,000 people; Georgia, 440 entrepreneurs per 100,000; Oklahoma, 430 entrepreneurs per 100,000; and Maine, 420 entrepreneurs per 100,000.

The five states with the lowest rates of entrepreneurial activity were Michigan, 160 entrepreneurs per 100,000; Pennsylvania, 170 entrepreneurs per 100,000; South Carolina, 180 entrepreneurs per 100,000; Illinois, 180 entrepreneurs per 100,000; and Delaware, 190 entrepreneurs per 100,000.
Could it be that some of these low rate states have unions and too many government workers mucking things up?