Global Entrepreneurship Monitor 2014: India Report

Abstract

With this report, the Global Entrepreneurship Monitor (GEM) has completed fifteen annual cycles. GEM generates relevant primary information on entrepreneurship, providing harmonized measures about the attitudes, activities and characteristics of individuals who participate in various phases of entrepreneurship. GEM also analyzes aspirations that these entrepreneurs hold for their businesses, along with other key features of their ventures. In 2013, more than 197,000 individuals have been surveyed and approximately 3,800 national experts on entrepreneurship participated in the study across 70 economies, collectively representing all global regions of the world and a broad range of economic development levels. The samples in the GEM 2013 study represent an estimated 75% of the world’s population and 90% of the world’s total GDP. In addition to its annual measures of entrepreneurship dynamics, GEM analyzed well-being as a special topic in 2013. With an increasing number of economies participating in the project, GEM groups them into geographic regions: sub-Saharan Africa, the Middle East and North Africa (MENA), Latin America and the Caribbean, Asia Pacific/ South Asia, Europe (distinguishing economies that are part of the European Union from those outside the EU), and North America. GEM additionally considers the World Economic Forum’s Global Competitiveness Report classification into three levels: factor-driven, efficiency driven, and innovation-driven. By using both groupings, GEM can compare economies across similar development levels and geographic locations. The table below shows the economies involved in the GEM 2013 assessment by these two dimensions.