What is the Global Entrepreneurship Monitor (GEM)?

The Global Entrepreneurship Monitor (GEM) research program was initiated in 1997 as a joint venture between academics at London Business School in the UK and Babson College in the United States. From its first survey in 1999, GEM has grown into a consortium of more than 400 researchers from 99 economies over its 14 year history. In 2012, 69 economies participated in GEM, providing insights on entrepreneurship across the largest sample of economies to date, spanning a diversity of geographic regions and economic development levels. GEM 2012
What can I use it for?

See the evolution of the entrepreneurship indicators (values) for each countrys economy Make comparisons between the entrepreneurship indicators of different economies Determine potential geographical particularities at a regional level Establish the differences regarding entrepreneurship for different economic development levels (e.g. developed or developing countries) Identify the different attitudes towards entrepreneurship that are held within different societies See how many people participate in the entrepreneurial process at each stage Find out the characteristics of entrepreneurs and their businesses

GEM 2012 Key findings

Sample: 198 000 adults Coverage: 69 economies (74% of world population; 87% of world GDP)

Homework - Quick exercise Rearrange the following countries according to their score on the following indicators (from the highest ranking to the lowest ranking, for each of the dimensions below): Perceived opportunities (seeing the one or more chances to start a business ): Ghana, Japan, Estonia, Sweden, United States Perceived capabilities (believing one has the necessary abilities and competencies to start a business ): Austria, Namibia, Romania, Singapore, France Fear of failure: United Kingdom, Romania, Netherlands, Malawi, Thailand Entrepreneurial intentions (expressing the intention to start a business in the near future): Botswana, Italy, China, US

Who is the Romanian entrepreneur?

7
women

10
men

Education
some graduate secondary experience degree 13% 19% postsecondary degree 34% 24% secondary degree 34% 11%

Age
4%

37%

24% 25-34 35-44 45-54 18-24 55-64