Compared to other sectors, manufacturing entrepreneurship is more successful and startups are less risky. With positive signs on job stability, growing career paths and entrepreneurial opportunities, the manufacturing industry is poised to attract a much-needed skilled workforce.

1. Compared to nonmanufacturing sectors,
manufacturing entrepreneurship is more
successful and startups are less risky.
23% of
firms in other
sectors
20%of
manufacturing
firms
Close within a year of opening
vs.

2. Closure rate for businesses with at least
26 years of operations is less in the
manufacturing industry.
5% of
firms in other
sectors
4%of
manufacturing
firms
vs.

3. Manufacturing attains the most patents
of any sector.
60
50
40
30
20
10
2011 2012 2013
Manufacturing Manufacturing
0
Thousands
Data: mapifoundation.org