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Global Entrepreneurship Monitor 2011 Presentation Template for GEM National Teams

Global Entrepreneurship Monitor 2011 Presentation Template for GEM National Teams. National sponsor logos can be added here. GEM Global Report: 2011 . About GEM Phases and profile of entrepreneurship Entrepreneurial employee activity Institutional context for entrepreneurship. About GEM.

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Global Entrepreneurship Monitor 2011 Presentation Template for GEM National Teams

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  1. Global Entrepreneurship Monitor2011 PresentationTemplateforGEM NationalTeams National sponsor logos can be added here

  2. GEM Global Report: 2011 • About GEM • Phases and profile of entrepreneurship • Entrepreneurial employee activity • Institutional context for entrepreneurship

  3. About GEM • Co-founded by Babson College and London Business School • First survey conducted in 1999 • 2011 survey represents GEM’s 13 year • Global Sponsors • Babson College, USA • Universidad del Desarrollo, Chile • UniversitiTun Abdul Razak, Malaysia • Measures individual participation in multiple phases of entrepreneurship • Also exhibits the profile of entrepreneurs • Assess entrepreneurship globally; across multiple economic development levels and geographic regions

  4. GEM 2011: 54 Economies More than 80 economies have participated since 1999

  5. The GEM Model • Basic requirements • Institutions • Infrastructure • Macroeconomic stability • Health and primary education Established Firms From other available sources Employee Entrepreneurial Activity National Economic Growth (Jobs and Technical Innovation) • Efficiency enhancers • Higher education & training • Goods market efficiency • Labor market efficiency • Financial market sophistication • Technological readiness • Market size From GEM 2011 Adult Population Surveys (APS) Social, Cultural, Political Context Entrepreneurship Attitudes: Perceived opportunities Perceived capacity • Innovation and entrepreneurship • Entrepreneurial finance • Government policy • Government entrepreneurship programs • Entrepreneurship education • R&D transfer • Internal market openness • Physical infrastructure for entrepreneurship • Commercial, legal infrastructure for entrepreneurship • Cultural and social norms Activity: Opportunity-driven, Early-stage Persistence Exits Aspirations: Growth Innovation Social value creation From GEM Adult Population Surveys (APS) From GEM National Expert Surveys (NES)

  6. Phases and Profile of Entrepreneurship

  7. National Entrepreneurship Profile AGE EDUCATION GENDER % MALE % FEMALE SECTOR: TYPE OF ACTIVITY MOTIVATIONS %OPP % NEC OTHER SOCIO-DEMOGRAPHICS INNOVATION TECHNOLOGY JOB CREATION

  8. Attitudes • Could highlight here some select key indicators on attitudes • See opportunities • Have capabilities • Fear of failure • Societal impressions • Good career choice • Media attention • Status • Show distinctness of your economy compared to others in development group/region/globally • If in GEM multiple years, show changes over time

  9. Total Entrepreneurial Activity: GEM 2011

  10. Profile of Entrepreneurship

  11. Inclusiveness: Women’s Participation in Entrepreneurship

  12. Inclusiveness: Women’s Participation in Entrepreneurship

  13. Inclusiveness: Age range of entrepreneurs 25–34 years 25–34 years 25–34 years

  14. Industry

  15. Industry

  16. Impact: Growth • In 2011, an estimated 388 million entrepreneurship were starting and running new businesses in 54 economies • In the next five years: • 141 million expect to create at least 5 new jobs • 65 million expect to create at least 20 new jobs • Factor-driven: few entrepreneurs with high growth expectations • China, Chile, Australia, Taiwan and U.S. among those with both high TEA and high growth expectations

  17. Impact: Internationalization (2009-2011)At least 25% foreign customers

  18. Special Topic: Entrepreneurial Employee Activity • Employees that develop or launch new goods or services or set up new business units • Rare: only about 3% of the adult population • Most prevalent in innovation-driven economies • Denmark, Belgium and Sweden: high EEA, low TEA • U.S., Australia, Netherlands have high EEA and TEA • Entrepreneurial employees have: • Higher opportunity and capabilities perceptions than nonentrepreneurs • Higher growth and innovation expectations than TEA entrepreneurs

  19. The GEM Model • Basic requirements • Institutions • Infrastructure • Macroeconomic stability • Health and primary education Established Firms Employee Entrepreneurial Activity National Economic Growth (Jobs and Technical Innovation) • Efficiency enhancers • Higher education & training • Goods market efficiency • Labor market efficiency • Financial market sophistication • Technological readiness • Market size Social, Cultural, Political Context Entrepreneurship Attitudes: Perceived opportunities Perceived capacity • Innovation and entrepreneurship • Entrepreneurial finance • Government policy • Government entrepreneurship programs • Entrepreneurship education • R&D transfer • Internal market openness • Physical infrastructure for entrepreneurship • Commercial, legal infrastructure for entrepreneurship • Cultural and social norms Activity: Opportunity-driven, Early-stage Persistence Exits Aspirations: Growth Innovation Social value creation From GEM National Expert Surveys (NES)

  20. The NES and theEFCs

  21. Example of specific EFC: Education

  22. Conclusions and Implications • Address the particular needs of people at different stages • Encourage inclusiveness • Balance industry focus • Recognize the importance of the impact of entrepreneurs • Value entrepreneurship of all kinds

  23. Our Thanks to… • 54 GEM 2011 National Teams • Global Sponsors • Babson College • Universidad del Desarrollo • UniversitiTun Abdul Razak • The GERA Board • Michael Hay, Chair • José Ernesto Amorós, ErkkoAutio, Silvia Carbonell, Donna Kelley, Slavica Singer, and Roland Xavier • Executive Director: Mike Herrington • The GEM Coordination Team • Chris Aylett, NielsBosma, Alicia Coduras, Marcia Cole, Yana Litovsky and Jeff Seaman

  24. Global Entrepreneurship Monitor2011 Global ReportThankYou

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