Florida Outperforms Nation For Entrepreneurship

Floridians are about 30 percent more entrepreneurial than rest of the nation, and the state’s entrepreneurs are also less risk averse and more inclined to expand their businesses globally.

That’s according to the Global Entrepreneurship Monitor U.S. Report issued by Babson College and Baruch College, the Miami Herald said.

Florida recorded an entrepreneurial activity rate of 17 percent, which was higher than the national average of 13 percent. However, a high percentage of the state’s entrepreneurs, 26 percent, were doing so out of necessity instead of strictly for opportunity, the Herald said. Nationally, the necessity rate is about 21 percent.

Continue reading this article in the Tampa Bay Business Journal.

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