Thursday, January 12, 2006
In an important partnership, the Babson College and London Business School are conducing a valuable line of research into global entrepreneurship: the Global Entrepreneurship Monitor (GEM).
They released their latest report this week. In it, they introduce the concept of "high expectation entrepreneurship". They define the term as all newly formed businesses which expect to employ at least 20 employees within five years.
These ventures have far reaching consequences for the economies in which they operate. They account for about 10% of all entrepreneurs, but they create 75% of all jobs from start-ups.
You can read more about the report here. You can download the report from this page. You can learn more about the Global Entrepreneurship Monitor from this page.
posted by Ed Morrison |
links
Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
If you are using a news reader, here is the link to syndicate this site:
Here's the link if you are a bloglines subscriber:
Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Resource: GEM Entrepreneurship Report for 2005
