According to the Nashville Business Journal in 2007 entrepreneurial activity increased, especially for men and immigrants.
The Kauffman Index of Entrepreneurial Activity showed 495,000 new businesses a month were started in the United States in 2007, involving 0.3 percent of the adult population, or 300 of every 100,000 adults. This is slightly up from a participation rate of 0.29 percent in 2006.
The study showed that immigrants had the highest rate of entrepreneurialism, at 0.46 percent in 2007, up from 0.37 percent in 2006. The rate for native-born Americans remained constant at 0.27 percent.
Men are twice as likely as women to start a new business. The rate of business creation for men increased to 0.41 percent in 2007, up from 0.35 percent the previous year. The rate for women decreased to 0.2 percent from 0.23 percent in 2006.
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