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Survey Shows Youth Interest in Entrepreneurship

A new survey shows that America's young people want to be their own boss. The Kauffman Foundation commissioned Harris Interactive to conduct an online survey...
November 20, 2007

A new survey shows that America's young people want to be their own boss. The Kauffman Foundation commissioned Harris Interactive to conduct an online survey of 2,438 youth ages 8 to 21 about entrepreneurship. It shows that four in 10 young people would like to start their own business in the future, while another 37 percent believe starting their own business is a possibility. Those who want to have their own business say their top reasons are to use their skills and abilities (92 percent), build something for their future (89 percent), be their own boss (87 percent), see their ideas realized (81 percent) and earn lots of money (85 percent). In the United States, 63 percent of respondents in the Harris survey already believe that, if they work hard, they can be entrepreneurs.

The survey was released in conjunction with the announcement of plans to hold the first Global Entrepreneurship Week, unveiled last week in London by the Kauffman Foundation and British Prime Minister Gordon Brown. From November 17-23, 2008, the Week will engage young people everywhere in a variety of activities to learn about the possibilities of entrepreneurship. More than 30 countries from around the world--such as Australia, Brazil, China, France, Mexico, Nigeria, Pakistan, Uganda, United Kingdom and the United States--are already on board.

Young People Want to Be Their Own Boss (Kauffman/Harris survey, PDF file) 

UK Prime Minister Gordon Brown Announces Entrepreneurship Week (video)