February 11, 2012

Entrepreneurship Around the World

If you want a comparison of entrepreneurial activities across countries, the best resource is the Global Entrepreneurship Monitor [GEM] study. Conducted by Babson College and the London Business School, the study surveyed over 100,000 people in 42 countries.

The latest study released this January 9 finds that the percentage of nascent entrepreneurs in the US [those who were thinking of or have recently initiated an entrepreneurial venture] fell from 12.4% in 2006 to 10%. However, the number of established entrepreneurs is slightly up indicating that entrepreneurial activity is alive and well in the United States.

Entrepreneurship is also going strong in countries such as China and Argentina. In China, early-stage entrepreneurship increased to 16.2%, from 13.7% from in 2005, and in Argentina, the number rose to 10.2%, from 9.9%.

Read the full GEM study

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About Isabel Isidro

Isabel Isidro is the co-founder of PowerHomeBiz.com. A mom of three boys, avid vintage postcard collector, frustrated scrapbooker, she also manages WomenHomeBusiness.com and LearningfromBigBoys.com. Follow her on Twitter and connect with her on Google +


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