Wednesday, April 15, 2009

New Economy Means New Entrepreneurs

Business school students are turning to entrepreneur courses during the recession rather than working toward landing a job with a Wall Street firm or a hedge fund, another sign that the U.S. has entered into a so-called new economy.

With a $787-billion stimulus package and the second part of an enormous financial bailout both set to offer benefits to small businesses and entrepreneurs, the trend could persist for some time.

The Kauffman Foundation, which touts itself as one of the world’s largest foundations devoted to entrepreneurship, has observed that prior to the recession that started just over a year ago, there had been a great expansion in interest on college campuses in entrepreneur courses.

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