Global Entrepreneurship Monitor United Kingdom 2004

  • Harding, R. (2004). (Global Entrepreneurship Monitor )
  • Abstract: TEA in the UK has remained very similar1 to the 2003 level at 6.3% of the adult population of working age, and although the level is not as high as Canada or the US, it is higher than Germany, Japan or Italy. There is no statistically significant difference in 2004 between France and the UK. • Female entrepreneurial activity has increased slightly and the pattern is similar to that of overall TEA. This is the first time during the four-years of comparative data in the UK that the gap between male and female entrepreneurial activity has narrowed significantly from 42.9% of male entrepreneurial activity in 2003 to 46% of male entrepreneurial activity in 2004. • Necessity entrepreneurship has halved in the UK since 2001 and now represents just 0.6% of the total adult population. Opportunity entrepreneurship has increased slightly over the same period from 5.1% of the UK population to 5.5% of the UK population. Necessity entrepreneurship represents just 11% of all entrepreneurial activity in the UK compared to nearly 16% in the US. • Informal investment activity has fallen in the UK as elsewhere. However, although the numbers of people expecting to start a business has fallen in the US, Germany and Japan, they have increased significantly from 7.8% of the population to 9.5% of the population between 2002 and 2004. 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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