This is a great post at the Institute for Faith, Work, and Economics on how Millennials are rejuvenating the entrepreneurial spirit in America after 30 years of decline, and how entrepreneurship is very much in sync with Christian values.
Entrepreneurship has been in a slow decline over the past thirty years in America, according to a recent study by the Brookings Institution. Today, more businesses are failing than being created, as this graph shows.
But Millennials may be the generation to change this decline.
The National Journal reports that in 2011, 29% of all entrepreneurs were between twenty and thirty-four years old, and Millennials launched nearly 160,000 start-ups each month that year.
Is it possible that Millennials might bring back the entrepreneurial spirit?