In the Global Entrepreneurship Monitor's conceptual model for enterprise development shows the relationships between nine conditions of the national entrepreneurial framework and the national economy. There are nine conditions that are measured. The United States have rated well in many categories according to the 2002 report. The Global Entrepreneurship Monitor (GEM) offered several conclusions for the rating for the US.
- Entrepreneurship Education Needs to Target Women
- Entrepreneurship Education Over-emphasizes Venture Capital - A very small amount of businesses are funded by venture capital. Less than three percent of a new businesses are funded by venture capital. Despite the reality, a lot the entrepreneurial education available in the US stresses the venture capital component of entrepreneurship.
- Development of the Informal Investment Education - In Europe, the emphasis in entrepreneurial development is the development of a network of informal investors. The potential entrepreneur has the better potential to access angel investors (strangers, friends and family) than accessing venture capital
- Unrealistic Portrayal of entrepreneurial Culture in the Media
posted by Silentman, Henry C. @ 19:51 hours MT(GMT-7)
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