Philly regional entrepreneurship lagging, says annual Kauffman study

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The Philadelphia region is home to the fewest, least confident entrepreneurs of the country’s 15 largest metro areas, according to an annual report [PDF] on new business ventures from the Kauffman Foundation.

New business formation increased nationwide in 2008, mostly for the “lowest-income potential” startups, according to a press release from the Kansas City organization.

The survey does not include only tech-related ventures, but all new launches.

National entrepreneurial activity has remained steady in each year of the 12-year-old study, despite the status of the economy, as Wall Street Journal blog Venture Capital Dispatch reported.


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