GEM UK 2006

  • Harding, R. (2006). (Global Entrepreneurship Monitor )
  • Abstract: The following headings summarise the key Global Entrepreneurship Monitor (GEM) UK results from the 2006 research. This research was based on an adult population survey of 43,000 and a set of in-depth interviews with practitioners in policy, business support, academia and entrepreneurial businesses. Genera l Head lines 1. In 2006, Total Early stage entrepreneurial activity (TEA) across the G8 countries declined. In the UK, the decline in TEA was from 6.2% to 5.8% of the adult population and was not statistically significant. There were bigger declines in the US (12.4% to 10.0%), France (5.4% to 4.4%), Germany (5.4% to 4.2%) and Canada (9.3% to 7.1%). 2. The UK has generally very positive attitudes towards entrepreneurship, especially towards entrepreneurial skills and the perception of start-up opportunities in comparison to the other G8 countries. However, nearly 36% of the population would let fear of failure prevent them from starting a business. This is higher than for the US, where the figure is 21%, but it is lower than for the major European economies. 3. Generally, there are fewer people in any country owning or managing an established business compared to those engaged in entrepreneurial activity. In the US, established business ownership is just 54% of early stage entrepreneurial activity. In the UK, established business ownership is 93% of early stage entrepreneurial activity. UK Reg ions 1. The South West was the region with the highest levels of entrepreneurial activity at 7.6% of the adult population. It also had the highest level of female entrepreneurial activity at 5.5%. Scotland, Northern Ireland, Yorkshire and Humberside and the North East have significantly lower TEA rates than the UK average. 2. Rural areas have significantly higher levels of entrepreneurship compared to urban areas (8.1% compared to 5.2%). They have proportionately higher levels of opportunity entrepreneurship compared to urban areas and the levels of female entrepreneurial activity are also higher meaning that the gap between male and female entrepreneurship is narrower in rural areas than it is in urban areas. 64% believe they have the skills to start a business in rural areas compared to 50% of urban respondents. Wome n’s entre pre neur ship 1. Female TEA was 3.6% of the adult population in 2006. This is 45.6% of male activity, which was 7.9%. This was similar to 2005. 2. The UK has one of the lowest ratios for female established business ownership compared to TEA of the G8. Female established business ownership is just 33 % of male established business ownership. This compares to nearly 42% in the US and 54% in Germany. 3. Female entrepreneurial activity has stayed the same or increased in most regions of the UK, but there have been particularly marked increases in the South East and the East of England. View external link »
  • Theme: Perceptions and attitudes
  • Keywords: entrepreneurial attitudes; entrepreneurial activity; entrepreneurial aspirations
  • Reference type: Report
  • Geographic location: United Kingdom
  • Quality: Annual Report by GEM using their own survey
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