CANADA GEM Canada Report 2013 (Global Entrepreneurship Monitor) Peter Josty Executive Director, The Centre for Innovation Studies (THECIS) Cooper Langford, Faculty Professor, University of Calgary Étienne St-Jean Professor, UQTR, Trois Rivières Calgary, April

CANADA What is GEM? World’s largest study of entrepreneurship was 15 th year 70 countries in ,000 interviews with individuals 3,800 interviews with experts Covers 90% of global economy. Unique: focus on individual, international aspect 2

CANADA In Canada Re-joined GEM in 2013, absent since 2003 Study of Canada plus 7 provinces – BC, Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Newfoundland. There will be detailed provincial reports issued later this year. 3

CANADA Purpose of GEM Better understand the linkages between entrepreneurship and economic development Three main objectives: To measure differences in the level of entrepreneurial activity between countries To uncover factors leading to appropriate levels of entrepreneurship To suggest policies that may enhance the national level of entrepreneurial activity. 4

CANADA GEM Methodology Survey of the adult population – to provide information on entrepreneurial activity. Survey of experts – to provide information on the context and environment in which entrepreneurship takes place. Incorporated into a report together with other relevant information from sources such as Statistics Canada, etc. 5

CANADA GEM’s definition of entrepreneurship: “Any attempt at new business or venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals or an established business.” 6

CANADA Agenda for today Entrepreneurial attitudes. Entrepreneurial activity Entrepreneurial aspirations Entrepreneurial framework conditions Special topics for 2013 Entrepreneurship by immigrants Youth entrepreneurship Entrepreneurship and well being Provincial summary Recommendations 7

CANADA 8 Attitudes

CANADA 9 Activity

CANADA 10 Activity

CANADA 11 Distribution over sectors

CANADA Total Entrepreneurial Activity Index (TEA) by age 12

CANADA 13 CAUSUKGFITJP New product or market High or medium technology Innovation related measures

CANADA Gender comparisons TEA - % male adult population TEA - % female adult population Canada1510 US1510 UK96 Germany64 France63 Italy52 Japan53 14

CANADA 15 Education

CANADA 16 Income

CANADA 17 High Growth entrepreneurship

CANADA 18 Aspirations

CANADA 19 Framework for entrepreneurship - Finance

CANADA 20 Climate for entrepreneurship – Gov’t programs and policies

CANADA 21 Overall rating of framework themes

CANADA 22 Special topic: Entrepreneurship by immigrants Immigrants First generation immigrant Second generation immigrant TEA Youth

CANADA 23 Special Topic: Youth entrepreneurship – youth preparation for entrepreneurship

CANADA 24 Special topic: Wellbeing

CANADA 25 Life satisfaction and work balance

CANADA 26 Provincial summary (TEA)

CANADA 27 Other provincial comparisons

CANADA 1.Focus Government policies on innovative firms with growth potential. 2.Use Government procurement to develop young innovative firms. 3.Reduce red tape to facilitate innovative young firms. 4. Expand education to foster entrepreneurial attitude in K- 12 and post secondary 5. Build a uniquely Canadian innovation strategy. 6. Better understand the relationship between innovation and entrepreneurship. 7. Improve the climate for female entrepreneurs 28 Recommendations

CANADA 29 GEM Canada Team

CANADA 30 Thank you to the report funders

CANADA Thankyou. Peter Josty Cooper Langford Étienne St-Jean 31