The Prevalence of Nascent Entrepreneurs in the United States: Evidence from the Panel Study of Entrepreneurial Dynamics

The Panel Study of Entrepreneurial Dynamics (PSED) is a national longitudinal sample of 64,622 U. S. households that were contacted to find individuals who were actively engaged in starting new businesses. The PSED includes information on: the proportion and characteristics of the adult population involved in attempts to start new businesses, the kinds of activities nascent entrepreneurs undertake during the business startup process, and the proportion and characteristics of the start-up efforts that become infant firms. Prevalence rates for nascent entrepreneurs are reported by gender and ethnicity (whites, blacks and Hispanics) on such demographic variables as: age, education, household income, and urban context.