Higher education is good for entrepreneurship

Millions of Americans dream of owning their own businesses and, in recent years, more and more have brought that dream to fruition. During 2021 alone, roughly 5.4 million new companies were registered in the United States, an increase of 23% over the previous year. While the pandemic has clearly been a significant catalyst for much of this entrepreneurship, new research suggests that education is playing a big role, too.