Happy Global Entrepreneurship Week, Part 1: Will Surging Business Creation Continue?

It’s Global Entrepreneurship Week (GEW), a period each year when millions of people, thousands of organizations, and nearly every country on earth not only celebrate entrepreneurship but also seek ways to newly help and support entrepreneurs. To mark GEW, can we somehow gauge the state of entrepreneurship worldwide?

The record-shattering increase in new business creation in the United States over the last two years has been documented here and celebrated by the Biden Administration. (Although, as shown below, the increase began during the Trump Administration, in mid-2020.) The question of why such an increase has been happening is interesting but perhaps not as important as another: will it continue?

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