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Why Manufacturing Entrepreneurship is a Smart Path

17 de Nov de 2017
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Why Manufacturing Entrepreneurship is a Smart Path

  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
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