Global Entrepreneurship Monitor 2005 Wales Executive Report
27th Jul 2005
Initiated in 1997 as a joint initiative between Babson College and London Business School, the Global Entrepreneurship Monitor (GEM) describes and analyses entrepreneurial activity across a large and growing range of nations. Through producing internationally comparable data on the “elusive concept of entrepreneurship”, the GEM study is unique as the only longitudinal study of entrepreneurship undertaken throughout the major nations of the World. Since its inception, the aim of the GEM study
has been to answer three fundamental questions:
- Does the level of entrepreneurial activity vary between countries (and regions within countries) and, if so, by how much?
- Does the level of entrepreneurial activity affect the national or regional rate of economic growth?
- What makes a country (or region) entrepreneurial?
