A major annual study of “entrepreneurial activity rates” has Idaho tied for first place as the most entrepreneurial state in the nation. Idaho shares the top honors with the District of Columbia and Arizona, and is followed by second-ranked Tennessee and Louisiana. Ranking the lowest were West Virginia, Alabama, Delaware, Pennsylvania and Ohio. The index measures the percentage of the adult population that created a new business each month, and was developed by Robert Fairlie, a professor of economics and the director of the master’s program in applied economics and finance at the University of California, Santa Cruz. Known as the Kauffman Index of Entrepreneurial Activity, it’s been calculated each year since 1996 and includes extensive demographic research about who tends to start new businesses and who doesn’t. You can read the full report here.
Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.
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