Global Entrepreneurship Monitor India Report 2022/2023

Abstract

The Global Entrepreneurship Monitor (GEM) is a global study conducted by the GEM consortium with the aim of collecting internationally comparative primary data on entrepreneurial activity and its related concepts. The study aims to generate globally comparative data to understand entrepreneurial activity. This would help identify factors determining national levels of entrepreneurial activity, as well as policies aimed at enhancing entrepreneurial activity. It measures entrepreneurship through surveys and interviews of field experts conducted by the teams in the respective countries. The GEM survey generates various relevant primary data on different aspects of entrepreneurship and provides harmonised measures about individuals’ attributes and their activities in different phases of venturing (from nascent to start-up, established business, and discontinuation). The GEM Report 2022–2023 throws light on entrepreneurial activities in India. The report also highlights the recovery of entrepreneurial activities in India from the impact of the COVID-19 pandemic. The GEM India study was conducted using a well-established GEM research methodology that is consistent across all participating countries, thus enabling cross-country comparison. The APS was conducted among 2610 samples and provided information regarding the level of entrepreneurial activity in the country based on the conditions of the national framework. In contrast, the NES was conducted with 72 national experts. The NES focuses on the entrepreneurial start-up ecosystem in India with regard to nine entrepreneurial framework conditions (EFCs).