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Small business holds the promise of creating jobs and entrepreneurs create the opportunities that employ more people. This promise will be a reality when significant contextual changes and policy shifts occur.

BRICS – Total Entrepreneurial Activity

The Global Entrepreneurship Monitor (GEM) provides a basis for comparing entrepreneurial activity, aspirations and intentions globally. The chart below shows the Total early-stage Entrepreneurial Activity (TEA). TEA is defined as TEA = Percentage of 18-64 population who are either a nascent entrepreneur or owner-manager of a new business The data shows that there is a […]