Article updated: 11/29/2012 7:02 AM

Report: Economy boosted entrepreneurship in 2011

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The slow improvement in the economy gave a huge boost to entrepreneurship in the U.S. last year, according to a study released Thursday.

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The slow improvement in the economy gave a huge boost to entrepreneurship in the U.S. last year, according to a study released Thursday. More than 29 million people were starting or running new businesses in 2011, the study by Babson College in Wellesley, Mass., and Baruch College in New York shows. That was a 60 percent gain from 2010, when entrepreneurship was hurt by uncertainty about the economy