Startups By The Numbers: Growing Innovation One Small Business At A Time

Startups often represent excitement in the small business world, because of their ability to innovate with great new ideas. Some even grow into giants that become household names and many have created products and services that make our lives easier.

Despite a major bump in the road with the recent recession, startups have still grown by 49 percent since 1982. And in their first year, new startups create an average of three million jobs.

Obviously, these small businesses serve an important function in our economy. Take a look at the infographic below and find out more about the world of startups, from the best places to launch them to their survival rates and more!

This is an edited version of a post originally posted at The Payroll Blog, by  Stefan Schumacher is the editor of The Payroll Blog. He has 10 years of experience as a journalist, including as a producer for syndicated radio, a newspaper reporter and editor, and a trade magazine writer and editor. You can connect with Stefan on Google Plus. You are free to re-edit and repost this in your own blog or other use under Creative Commons Attribution 3.0 License terms, by giving credit with a link to www.startupcommons.org and the original post.