Friday, January 18, 2008

Updated GEM Data

In my post earlier this week, I discussed how entrepreneurial the U.S. was in comparison to other countries in the world. Yesterday, the latest figures updated for 2007 were released by GEM (thanks to Michael Chmura from Babson for the email letting me know). The U.S. decreased slightly from 10% of adult population undertaking entrepreneurial activity to 9.6%. The most entrepreneurial country in 2007 was Thailand, followed closely by Peru. The least entrepreneurial country was Austria.

Another interesting fact from the 2007 GEM report: 40% of the early stage entrepreneurs surveyed expected 25% or more of their sales to come from outside their country.

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