Kauffman Offers Facts and Figures on Job Creation

by admin on January 30, 2010

In light of President Obama’s State of the Union pledge to make the creation of a million jobs his priority in the year to come, the Ewing Marion Kauffman Foundation has compiled a list of facts about entrepreneurship — the primary engine of job creation in the United States. The Kauffman Foundation is the nation’s largest funder of entrepreneurial research.

The following research highlights are linked to reports on topics such as:

--  Why it is that young firms -- not necessarily small firms -- create the
    new jobs

--  How many new firms are started each year, who starts them (they are
    older than you might think) and why the number of new companies remains
    remarkably consistent from year to year

--  Entrepreneurs' hiring outlook for 2010

--  Where startups get their funding

--  How startups faired in past recessions

--  What the next generation thinks about starting their own business

--  The vital role high-skilled immigrant entrepreneurs play in making jobs
    in America

About the Kauffman Foundation

The Ewing Marion Kauffman Foundation is a private nonpartisan foundation that works to harness the power of entrepreneurship and innovation to grow economies and improve human welfare. Through its research and other initiatives, the Kauffman Foundation aims to open young people’s eyes to the possibility of entrepreneurship, promote entrepreneurship education, raise awareness of entrepreneurship-friendly policies, and find alternative pathways for the commercialization of new knowledge and technologies.

It also works to prepare students to be innovators, entrepreneurs and skilled workers in the 21st century economy through initiatives designed to improve learning in math, engineering, science and technology. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo. and has approximately $2 billion in assets.

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