Carl Schramm, president and CEO of the Kauffman Foundation, was interviewed this morning on CNBC's "Squawk on the Street" with Erin Burnett and Mark Haines. The segment was focused on the role that older entrepreneurs are playing in this recession. In the interview, Schramm cited new Kauffman Foundation research
indicating that America might be on the cusp of an entrepreneurial boom—not in spite of an aging population but because of it. He said that, contrary to popularly held assumptions, it turns out that over the past decade or so, the highest rate of entrepreneurial activity occurs in the 55- to 64-year-old age group.
For other new Kauffman data on the role of entrepreneurs in the economy, see our Research Fast Facts