My colleagues at the Kauffman Foundation are on a roll. Following up fast on the heels of a paper last week on Fortune 500 companies, recessions, and startups, Dane Stangler at Kauffman is releasing a new paper today on entrepreneurs and age.
As we all, ahem, know, entrepreneurs are callow twenty-somethings. Except, as Dane shows, that isn’t true. Building, in part, on some research by another Kauffman colleague, Vivek Wadhwa, he shows that entrepreneurs’ average age skew considerably older than is accepted wisdom. (I made a similar point last week at a conference in New York, cheerfully lifting Vivek’s and Dane’s work to support my point.)
You can find the press release and full study here.
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The source report (http://sites.kauffman.org/pdf/KIEA_041408.pdf) only goes up to 2007. Not sure where the 2008 data is from.
The new report just came out; if the link is to the 2008 report, that's a mistake. Sorry, it should have been to this: http://www.kauffman.org/uploadedFiles/kiea_042709…