Global Entrepreneurship Monitor 2011 Singapore report

• Main Authors: CHERNYSHENKO, Olexander S., GOMULYA, David, PHAN, Wei Ming J., LAI, Yoke Yong, HO, Moon-ho R., UY, Marilyn A., CHAN, Kim Yan, BEDFORD, Olwen
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Entrepreneurship; Singapore; Asian Studies; Entrepreneurial and Small Business Operations
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/5974; https://ink.library.smu.edu.sg/context/lkcsb_research/article/6973/viewcontent/1350284863GEM_2011_Singapore_Report.pdf
• Institution: Singapore Management University

Independent of the stage of economic development, entrepreneurship plays a significant role for the expansion, job creation and overall economic health within a country. As a leading international indicator of entrepreneurial activity around the world, the Global Entrepreneurship Monitor (GEM) provides valuable insight into the state of entrepreneurship within and across developed and developing economies. Knowing the entrepreneurial aspirations of country’s residents is particularly relevant in Singapore’s innovation-driven economy given that the country’s prosperity depends largely on the economic activities of its citizens. We describe the key definitions and terms used in the GEM as well as the stages of entrepreneurship in Singapore. We then summarize the key findings for the GEM Singapore 2011 and draw comparisons to other developed countries as well as those located near Singapore.