Launch of the Global Entrepreneurship Monitor Report for Ireland 2014

Launch of the Global Entrepreneurship Monitor Report for Ireland 2014

The Irish Global Entrepreneurship Monitor (GEM) Report 2014 finds that over 20,000 individuals started a new business in Ireland in 2014. This is broadly similar to the years 2010, 2011 and 2012, but is lower than in 2013. There was a downward trend in 2014 in the GEM TEA Index (the rate of early stage entrepreneurs) in Ireland. In the rankings of early stage entrepreneurial activity across Europe, Ireland is placed 16^th in a group of 25 European countries.

Launching the GEM Report Minister Bruton said: “As I have said many times before, we have great entrepreneurs in Ireland – we just don’t have enough of them. The GEM report published today confirms this, with Ireland placing around or slightly below the EU average on most key measures of start-up activity – number of people starting a business, number of ‘nascent entrepreneurs’, number of people who aspire to start a business, perception of opportunities for starting a business.

The Global Entrepreneurship Monitor (GEM) provides an annual assessment of the entrepreneurial activity, aspirations and attitudes of individuals across a wide range of countries. GEM is the largest on-going study of entrepreneurial dynamics in the world.

Entrepreneurship in Ireland in 2014, The Global Entrepreneurship Monitor Annual Report for Ireland, co-authored by Paula Fitzsimons and Colm O’Gorman, is available to download at no cost from http://www.gemireland.com/  The research is an independent study that is funded by Enterprise Ireland with the support of the Department of Jobs, Enterprise and Innovation.

Pictured are Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, with Professor Colm O’Gorman, DCU Business School at the launch of the 2014 Global Entrepreneurship Monitor Annual Report for Ireland (Wednesday 2nd September, 2015).