the gray overtaking the green

Slate: Grown-Up Startups

The idea behind all of the programs is similar: The United States relies on young businesses–not small businesses, as previously thought–to create new jobs. Therefore, for the good of the economy, the United States should encourage smart, savvy kids to work for themselves rather than to join established businesses. But new research complicates the picture. Older entrepreneurs are starting more and more new companies and might outpace younger entrepreneurs within the next few years. And that isn’t necessarily a bad thing: Older entrepreneurs tend to be more successful.