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Boom in Entrepreneurship Just Down the Road

Mark Marich

Earlier this summer, we reported on a recent study by Dane Stangler of the Kauffman Foundation that showed Baby Boomers are sparking a rise in entrepreneurship and that young, tech-savvy upstarts like Mark Zuckerberg and Kevin Rose were still outliers.

Yesterday, Carl Schramm, president and CEO of the Kauffman Foundation, appeared with Erin Burnett and Mark Haines of CNBC's "Squawk on the Street" to discuss the role older entrepreneurs are playing in this recession. Schramm cites the study and other Kauffman Foundation research indicating that America might be on the cusp of an entrepreneurial boom--not in spite of an aging population but because of it.

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