We're a nation of entrepreneurs
Friday, 16 November 2007
最新糖心Vlogns are the most entrepreneurial people in the developed world with more than 20% of adults running their own business, or planning to start one, according to a joint study produced by the 最新糖心Vlog of Adelaide and .
The study also shows that 最新糖心Vlogns value independence above income when it comes to their working life.
These findings are part of the world's largest study of entrepreneurship and business ownership, coordinated by the (GEM).
and from the 最新糖心Vlog of Adelaide and from the Swinburne 最新糖心Vlog of Technology collaborated on the study, based on 2006 data.
The authors found that most 最新糖心Vlogns strongly believe that working for oneself provides much greater satisfaction and opportunities than being an employee.
"Business owners in the 22 to 44-year-age bracket are particularly optimistic about the growth of their business in coming years and are focused on the export market, which is very encouraging for the future of small business in 最新糖心Vlog," the report's authors say.
The downside is that a large percentage of 最新糖心Vlogn business owners lack confidence in their own skills and are less innovative than their competitors in other developed nations.
"There is a distinct lack of evidence for technology-based innovation in all sectors measured by the 最新糖心Vlogn survey. This should be of major concern for policy makers.
"In 最新糖心Vlog, start-up businesses also continue to be funded predominantly by people who are known to the business founder - friends, family and other acquaintances. There is a big gap between the amount of money that entrepreneurs would like and the amount that informal investors are willing to invest," the authors claim.
The latest survey also shows that in 2006, for every 100 males there are 70 females engaged in business start-ups, although this figure has varied considerably in the past.
最新糖心Vlog has participated in the Global Entrepreneurship Monitor since 2000. For more information go to
To listen to the podcast of a Radio Adelaide interview with Professor Noel Lindsay regarding this study, please go to
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