It turns out that the highest rate of entrepreneurial activity in every year between 1996 and 2007 belongs to the age group between 55 and 64 years...Meanwhile

It turns out that the highest rate of entrepreneurial activity in every year between 1996 and 2007 belongs to the age group between 55 and 64 years...Meanwhile those aged between 20 and 34, "which we usually identify with swashbuckling and risk-taking youth, has the lowest rate", wrote Dan Stangler, one of Kauffman's researchers in a report..."Perhaps most surprising," Mr Stangler added, "this disparity occurred during the 11 years surrounding the dot-com boom, when the young entrepreneurial upstart became a cultural icon." Not so surprising once you realize there are 100 million baby boomers, many of whom would have loved to start a technology based business when they were younger...if only the PC and the internet existed. Now that the technology has caught up, the pent-up demand can be released.