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International comparisons of enterprise
© Robert Jones 2011, 2012 & 2013
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Why are we so interested in small and medium business?
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No. of firms Turnover Employed SME Large firms
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The German Mittelstand
Hidden Champions – Lessons from 500 of the World’s Best Unknown Companies Hermann Simon (1996) The German Mittelstand Hermann Simon (2009) Hidden Champions of the 21st Century – Success Strategies of Unknown World Market Leaders
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UK government policy is increasingly supportive to SMEs since 1971
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Which are the most entrepreneurial nations?
Which are the least entrepreneurial nations?
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Different types of entrepreneurship?
Different motivations?
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Adapted from Necessity Opportunity
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GEM identifies different groups of nations:
Factor-driven – basic Efficiency-driven - intermediate Innovation-driven – sophisticated WEF and WB use same terminology
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Where is it easiest / more difficult to do business?
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Doing Business 2010
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Doing Business 2011
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Conditions for start-up entrepreneurs are improving
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Doing Business 2011
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Doing Business 2011
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Doing Business 2011
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Doing Business 2011
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What age are entrepreneurs?
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Gender and enterprise
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Female participation - detail
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Why do firms close?
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Innovation?
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International?
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Conditions for enterprise
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Effects of the economic problems – “credit crunch”
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Tax Who pays the most tax? Where is the best place to do business?
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2009 Tax Misery & Reform Index
Forbes 2009 Tax Misery & Reform Index
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Tax reform trends in OECD countries
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Tax reform process in France and Germany and other nations
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Any questions?
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