Pennsylvania falls from 7th to 38th in state entrepreneurial rankings
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Pennsylvania ranked 38th in a new 50-state entrepreneurial ranking.
Pennsylvania has fallen sharply in a new ranking of state entrepreneurship. Pennsylvania ranked 38th in 2013 State Entrepreneurship Index[5] from the University of Nebraska-Lincoln's[6] Bureau of Business Research. It ranked 7th during the previous year — making its decline the steepest of any state.
New Jersey climbed from 40th in 2012 to 15th in 2013.
Delaware also saw a big jump, going from 43rd in 2012 to 24th in 2013.
The rankings are based on entrepreneurship, net migration and capital formation. University of Nebraska-Lincoln researchers measured the growth in business establishments, the rate of business formation, patents per one thousand residents, average proprietor income and the growth in establishments per capital.
Jared Shelly is the digital producer of the Philadelphia Business Journal.
References
- ^ Jared Shelly (feeds.bizjournals.com)
- ^ This email address is being protected from spambots. You need JavaScript enabled to view it. (feeds.bizjournals.com)
- ^ Twitter (twitter.com)
- ^ LinkedIn (www.linkedin.com)
- ^ 2013 State Entrepreneurship Index (cba.unl.edu)
- ^ University of Nebraska-Lincoln's (www.bizjournals.com)