Global Entrepreneurship Monitor: 2005 Report on High-Expectation Entrepreneurship

The first global study of high expectation entrepreneurship has found that just 9.8% of the worlds entrepreneurs expect to create almost 75% of the job generated by new business ventures. The report defines high expectation entrepreneurship as all start-ups and 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, particularly because of their impact on job creation and innovation.