A number of studies have shown that encouraging greater entrepreneurship has been key to the recovery of the global economy after the Covid pandemic. As a result, understanding how this act of creating and growing a new business makes a difference to nations across the World is now even more essential.
That is why the results of the latest Global Entrepreneurship Monitor (GEM) are so important for policymakers as they provide an insight into how to support those individuals who start a new business and, in doing so, generate employment and prosperity in their local communities.
Launched twenty-four years ago, GEM carries out annual survey-based research studies on entrepreneurship and enterprise ecosystems from around the world. In 2022, over 170,000 individuals were interviewed across 49 different economies which represent about two-thirds of the global population.