Despite recession and debt crisis, entrepreneurial activities are up in many countries accordning to the 2011 Global Entrepreneurship Monitor Report. How this is possible was subject to lively discussion at the GEM Annual Meeting in San Francisco where Ulrika Stuart Hamilton, Deputy Director Swedish Entrepreneurship Forum and Kristina Nyström, Assistant Professor Ratio and KTH, from our Swedish GEM team were present. This years special theme was intrapreneurship i e entrepreneurial activity among employees. Sweden is at the top of that list. Among the 54 countries in the survey, Swedish employees are the most entreprenurial according to the GEM 2011 Global Report.
“Thanks to an uptick in entrepreneurship worldwide, we now have nearly 400 million entrepreneurs starting and running businesses in the 54 economies surveyed,” said the report’s lead author, Donna Kelley, Associate Professor of Entrepreneurship at Babson.
“Even better news is that over 140 million of these entrepreneurs expect to add at least five new jobs over the next five years. These figures and growth projections affirm that entrepreneurial activity is flourishing across the globe and that entrepreneurship, as an economic engine, is the best hope for reviving a weakened world economy,” Donna Kelley said.