• العربية

The most ambitious research project on entrepreneurship globally

The Global Entrepreneurship Monitor (GEM) is a global consortium that conducts research on 66 global economies, covering 82% of the world’s GDP and 71% of its population.  GEM brings together over 400 researchers from across the globe and includes more than 100 institutions every year. The involvement of all these people and institutions makes GEM the largest study on entrepreneurship and entrepreneurial activities in the world.

GEM aim to answer questions uncovering the information gap around entrepreneurship evolved into a global survey conducted annually since 1999, which covers all the regions in the world (Africa, Latin America & Caribbean, Asia & Oceania, Europe, and North America). GEM examines nations’ entrepreneurial competitiveness. The 2016 GEM survey covered 66 economies, which provided a representative sample of the world’s population and of the world’s GDP.

GEM reports and analyses are based on data collected using two of its own information tools:

  • the adult population questionnaire (APS) applied as a survey for a representative sample of the populations aged 18–64 participating in the monitor each year;
  • the national experts’ survey (NES) designed to obtain subjective information on the status of nine entrepreneurial framework conditions.

2016/17 GEM Saudi Arabia Entrepreneurship Monitor

The aim of this report is to inform academics, educators, policy makers, and practitioners about the multidimensional nature of entrepreneurship around the world

Report Highlights

The report shows a strong cultural affinity in Saudi Arabia toward entrepreneurial activity. More than two-thirds of the working age population believe starting a business to be a good career choice and 25.8 percent are considering starting up a new business within the next five years. This is good news for job seekers, as Saudi startups and early-stage SMEs are typically well-staffed compared to the global average. 36.6 percent of early-stage startups – enterprises active from 3 to 42 months – have more than five employees.

The report also shows a marked increase in female entrepreneurship. 38.6 percent of entrepreneurs in the Kingdom are women, a proportion that has increased rapidly in recent years.

Despite the positive sentiment toward starting a business in Saudi Arabia, entrepreneurs face significant challenges sustaining their operations. Factors including limited international reach, competitive challenges and a lack of experienced leadership contribute to a high rate of business closures. Among the initiatives highlighted in the report that could foster sustained growth in entrepreneurship are: improving financing channels; enhancing accessibility to R&D; and incorporating entrepreneurial education into the school curriculum from primary through to tertiary grades...

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