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Global Entrepreneurship Monitor Scotland 2005 Jonathan Levie Hunter Centre for Entrepreneurship University of Strathclyde 15 December 2006.

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Presentation on theme: "Global Entrepreneurship Monitor Scotland 2005 Jonathan Levie Hunter Centre for Entrepreneurship University of Strathclyde 15 December 2006."— Presentation transcript:

1 Global Entrepreneurship Monitor Scotland 2005 Jonathan Levie Hunter Centre for Entrepreneurship University of Strathclyde 15 December 2006

2 New Business Activity: How Scotland Compares 2005 TEA scores for 35 sovereign nations & Scotland Scotland United Kingdom United States Ireland New Zealand

3 UK Regional TEA rates, 2005

4 Scottish TEA rates 2000 to 2005

5 Scotland’s Environment for Entrepreneurship Source: GEM 2005 Expert Interviews

6 New Business Activity and Relative Wealth

7 New Business Activity and Population Growth

8 New Business Activity and Established Business

9 TEA rates by Global Region

10 TEA and High Expectation Entrepreneurship rates

11 GEM Scotland surveys picking up more high expectation entrepreneurs No difference now in relative ambition between Scots and UK entrepreneurs Growing businesses experiencing skills shortages in sales High Expectation Entrepreneurship

12 New Social Enterprise Activity Are you, alone or with others, currently trying to start any kind of social, community or voluntary venture, activity or initiative? This might include providing subsidised or free training, advice or support to individuals or organisations; profit-making activity, but where profits are used for socially oriented purpose; or self-help groups for community action.

13 Source: Pooled 2004 and 2005 GEM UK data TEA and SEA by Educational Attainment

14 Scotland may have reached its “Natural” rate of new business activity. Now What? Focus on underlying drivers? (Wealth, population growth, business ownership) Focus on improving the environment? (Will affect only the ratio of HEE to TEA entrepreneurs) Questions for Policy

15 Move Social Ventures off short term grants to long term contracts Schools need more help from local entrepreneurs if Determined to Succeed is to truly succeed Higher Education must take Selling seriously if Growing Ventures are to fulfil their potential Major Entrepreneurship Education push needed in Further Education sector Recommendations


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