Main Street 2012: The Year of Living With Uncertainty

December 28, 2012. CNBC looks at issues facing small businesses in the New Year, including a reference to FPI’s report on immigrant business owners.

 

And more Americans leaped into entrepreneurship based on their perception of promising opportunities ahead, a group sometimes called opportunity entrepreneurs. In contrast, during the depths of the recession, more people had started businesses because they couldn’t find jobs—a trend known as necessity entrepreneurship.

Speaking of entrepreneurship, immigrant share of U.S. small-business ownership rose to 18 percent from 12 percent two decades ago, according to a Fiscal Policy Institute study. (Read moreHow Immigrants Are Changing US Businesses)