The rate increased in all regions from 2007 to 2008, except in the Midwest, in which the rate declined slightly to 0.23% from 0.25%. Among states, Georgia and New Mexico showed the hightest entrepreneurial rates at 0.59% and 0.58% respectively, while Pennsylvania and Missouri showed the lowest rates, 0.14% and 0.15%, respectively. The cities with the highest rates were Atlanta and Phoenix, while Philadelphia and Seattle scored at the bottom.
Entrepreneurial Spirit Still Alive And Well - Venture Capital Dispatch - WSJ
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