U.S. Twice as Entrepreneurial as Europe
The U.S. entrepreneurial level, 13.8 percent, is about twice that of the EU-countries. And China is basically on par with the U.S. according to the new report “The entrepreneurial code – A Comparative Study of Entrepreneurial Dynamics in China, Europe and the U.S.” from Swedish Entrepreneurship Forum. The report is based on data from the Global Entrepreneurship Monitor. The authors emphasize three policy areas; regulations, supply of skills and access to capital as areas of particular importance for early-stage entrepreneurship.
The Swedish GEM team 2015
Swedish Entrepreneurship Forum is the Swedish partner of the Global Entrepreneurship Monitor (GEM), the largest global research venture on entrepreneurial activity.
Since 2010, Swedish Entrepreneurship Forum has published an annual Swedish report based on survey and interview data. The global project was started in 1999 and has grown from including 10 countries to 73 in 2015. The last survey covered 72 percent of the world population and 90 percent of global GDP.
From left to right the Swedish GEM team 2015: Pontus Braunerhjelm, professor and team leader, Swedish Entrepreneurship Forum, Carin Holmquist, professor Stockholm Scool of Economics, Johan P Larsson, PhD, Swedish Entrepreneurship Forum, Ylva Skoogberg Project Manager Swedish Entrepreneurship Forum, and Per Thulin, PhD, Royal Institute of Technology and Swedish Entrepreneurship Forum.
The latest national report can be found here Entreprenörskap i Sverige – Nationell rapport 2015 (in Swedish) and the latest global report can be found here – GEM 2014 Global Report. In the last couple of years, media interest for the report has developed in a very positive direction and the reports are downloaded by the thousands. In addition, more researchers work with the data and an increasing number of academic articles based on GEM data are published in academic journals.
Several international organisations are showing an increased interest in entrepreneurship surveys and focus is transferred from aid to business creation (for example UNCTAD, UNIDO among others).
For more information about GEM please visit: www.gemconsortium.org
Download GEM Global Reports (.pdf)