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News summary: Entrepreneurship grows with economy

(AP) - ENTREPRENEURIAL SPIRIT: A study by researchers at Babson College and Baruch College found that the number of people starting or running new businesses grew 60 percent to 29 million in 2011.

FUTURE FORTUNES: Forty percent of those entrepreneurs expected to create more than five new jobs apiece in the next five years- a trend that could help the economic recovery gain momentum.

SEEMS LIKE OLD TIMES: The jump in entrepreneurship last year matched the gain registered in 2005, two years before the start of the recession.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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