Global Entrepreneurship Report

Filed in archive Entrepreneurship on January 13, 2006

Jeff Cornwall alerts me of the new Global Entrepreneurship Report for 2005:

"Classic venture capital is up for the first time since the year 2000, according to GEM's focus section on finance. More importantly, GEM sees 'microfinancing' as the new banking solution for entrepreneurs everywhere. Viewing access to credit as a human right, GEM believes microfinancing is an innovative antidote to world poverty.

- Entrepreneurs in middle income countries are beginning to catch-up to their counterparts in richer economies by tapping into technologies unavailable to them just a year ago

- Entrepreneurs with 'innovative' businesses drive higher growth rates of GDP per capita"