EXECUTIVE DIRECTOR’S REPORT FOR 2013 MIKE HERRINGTON Follow @GEMNOW Hashtag #GEM2014 GLOBAL ENTREPRENEURSHIP MONITOR Badges GEM Member For 5+ Years GEM Member For 1-4 Years New To GEM GERA Board Member GLOBAL ENTREPRENEURSHIP MONITOR 1999 GEM 2013 GLOBAL ENTREPRENEURSHIP MONITOR GEM National Teams 2013 : 71 countries Asia China Indonesia Japan Korea Malaysia Philippines Singapore Taiwan Thailand Vietnam Europe Belgium Bosnia & Herz Croatia Czech Republi Czech Republic Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Macedonia Netherlands Norway Poland Portugal Romania Russia Slovakia Slovenia Spain Sweden Switzerland Turkey UK South America MENA CA & Caribbean Algeria Israel Iran Libya Barbados* Guatemala Jamaica Mexico OECS* Panama Puerto Rico Suriname T&T Mid Asia India N. America Canada USA Argentina Brazil Chile Colombia Ecuador Peru Uruguay SSA Angola Botswana Ghana Malawi Namibia* Nigeria South Africa Uganda Zambia New Teams in 2013 • Indonesia • Vietnam • Philippines • Libya • Luxembourg • Canada • Puerto Rico • Suriname GLOBAL ENTREPRENEURSHIP MONITOR New Teams in 2014 (to date) • Australia (re-joined) • Bahrain • Belize • Kuwait • Kosovo • Qatar GLOBAL ENTREPRENEURSHIP MONITOR Major projects completed in 2013 • GEM Web App • APS, NES & Admin training videos www.gemconsortium.org/training-videos • Working with InnovAccer in India on reviewing the RFPs • Introduction of the Research & Innovation Advisory Committee • Introduction of the APS Data Quality Committee • Prince’s YBI Youth project report • Shell International Youth project report GLOBAL ENTREPRENEURSHIP MONITOR Projects in progress for 2014 • Prince’s Trust Youth Business International project • Sub-Saharan African GEM/IDRC youth project • South East Asia IDRC project – Philippines, Indonesia & Vietnam • Video training manual - additional • Research seminars by Maria Minniti • Workshops with Thomas Schott in Latin America & SE Asia GLOBAL ENTREPRENEURSHIP MONITOR Increase in National Team Participation 80 70 60 50 40 30 20 10 0 GLOBAL ENTREPRENEURSHIP MONITOR Staff costs relative to National Team income 70% 60% 50% 40% 30% 20% 10% 0% 2009 2010 2011 GLOBAL ENTREPRENEURSHIP MONITOR 2012 2013 2014 Number of GEM Articles 20002013 7,000 5,729 6,000 Number of GEM Articles 5,000 4,607 4,000 3,000 2,646 1,700 2,000 956 1,000 - 14 9 62 91 261 444 GLOBAL ENTREPRENEURSHIP MONITOR 908 1,041 1,253 GEM Articles by Month 3 Year Comparison 600 500 457 449 424 391 400 300 342 339 325 350 315 319 294 275 248 243 214 191 200 184 177 154 122 100 342 334 69 67 75 148 19 27 14 Mar Apr May 125 103 112 95 73 168 0 Jan TOTAL HITS Feb Jun Jul Aug Sept 2011 2012 2013 3,810 4,607 5,729 GLOBAL ENTREPRENEURSHIP MONITOR Oct Nov Dec half way through Dec Number of Media Articles 527 GEM Download Stats www.gemconsortium.org - Number of reports and data sets downloaded www.babson.edu - Number of GEM reports downloaded TOTAL OVER BOTH SITES 2012 2013 % Increase 2012-2013 250,040 478,993 92% 5,786 13,967 141% 255,826 492,960 93% Nearly half a million downloads in 2013 93% Increase 2012-13 GLOBAL ENTREPRENEURSHIP MONITOR Research Funding • Set up by the GERA Board in January 2012. £50 000 allocated to promote research within GEM • Three calls for proposals to date: - February 2012 - August 2012 - February 2013 GLOBAL ENTREPRENEURSHIP MONITOR Research Funding st 1 Round – February 2012 Workshop In Spring 2013: Institutions & Allocation Of Entrepreneurship Niels Bosma, Erik Stam The State Of Women Entrepreneurship In The ECO Region: Women Entrepreneurial Intentions And Motivations In Iran, Pakistan & Turkey Leyla Sarfaraz , Sarfraz Mian, Esra Karadeniz 2 Workshops To Be Held In 2012 In San Sebastian Inaki Pena, Ricardo Hernadez, Ernesto Amoros, Maribel Guerrero Explaining Entrepreneurship As A Multidimensional Issue; A Multilevel Analysis Over Space & Time Rolf Sternberg, Christian Hundt GLOBAL ENTREPRENEURSHIP MONITOR Research Funding nd 2 Round – August 2012 Understanding Factors Supporting Female Entrepreneurs: A Cross-Country Study Ulrike Guelich, Koson Sapprasert Thematic Research Workshop Conference, Barcelona Yancy Vaillant Collaborative Research On Entrepreneurship In Sub-Saharan Africa Thomas Schott GLOBAL ENTREPRENEURSHIP MONITOR Research Funding rd 3 Round – February 2013 Regional Cooperation for Creation of the Common Platform for Coordination of Entrepreneurship Development Policies with a Highlight on Resolving Youth Unemployment Issues Bahrija Umihanić, Slavica Singer Corporate Venturing Activity In Spain: Determinants And Performance Inaki Pena, Maribel Guerrero Technology Entrepreneurship for Sustainable Economic Growth: A Co-Integration Analysis Lotfi Belkacem, Islem Khefacha GLOBAL ENTREPRENEURSHIP MONITOR GERA Staff Changes • Yana Litovsky – Data Team Supervisor • Jonathan Francis Carmona – Data Manager • Alicia Coduras – NES Coordinator • Marcia Cole – Customer Relations Manager • Chris Aylett – Administration Manager • Ingrid Copperman – Administrative Assistant GLOBAL ENTREPRENEURSHIP MONITOR Introduction of GERA Staff Research Team Yana Litovsky Data Team Supervisor Introduction of GERA Staff Research Team Jonathan Francis Carmona Data Manager Introduction of GERA Staff Research Team Alicia Coduras NES Data Coordinator Introduction of GERA Staff Administration Team Chris Aylett Administrative Manager Introduction of GERA Staff Administration Team Ingrid Copperman Administrative Assistant Introduction of GERA Staff Outreach Marcia Cole Customer Relations Manager Publications, Events, Media Introduction of GERA Staff Research Team Jeff Seaman Thank you for all the work you have done for GEM GERA 2014 – Budgeted Income and Expenditure (GBP £) INCOME Sponsoring Institutions National Teams Other Income TOTAL INCOME 183,624 525,000 (13,000) 695,624 OPERATIONS AND DEVELOPMENT EXPENDITURE Staff Costs (311,809) Infrastructure Costs Administrative Costs Meetings and Travel Costs Research and Development Costs Publication Costs Mentoring and Training Costs PR, Advertising and Outreach Costs TOTAL OPERATIONS AND DEVELOPMENT EXPENDITURE (5,500) (55,843) (55,000) (10,000) (15,441) (8,700) (34,181) (496,474) GLOBAL ENTREPRENEURSHIP MONITOR GERA 2014 – Budgeted Income and Expenditure (GBP £) RESEARCH EXPENDITURE Staff Costs Meetings and Travel Costs Research and Development Costs GERA Research Fund TOTAL RESEARCH EXPENDITURE GOVERNANCE EXPENDITURE GERA Board Meetings TOTAL GOVERNANCE EXPENDITURE (55,419) (25,000) (10,000) (25,000) (115,419) (30,000) (30,000) TOTAL EXPENDITURE (641,893) Contingency (53,731) (695,624) REVISED EXPENDITURE TOTAL OPERATING SURPLUS / (DEFICIT) GLOBAL ENTREPRENEURSHIP MONITOR 0 GERA Reserves Accumulated Reserves at 1 January 2013 Forecast Profit/Loss for 2013 Forecast Profit/Loss for 2014 764,509 123,788 0 TOTAL FORECAST RESERVES AT 31 DECEMBER 2014 888,297 GLOBAL ENTREPRENEURSHIP MONITOR Operational Challenges • Nature of GEM has changed over the last 5 years • Reducing the cost of the APS survey • Truly Global = challenges - new countries - difficulties in data collection - training GLOBAL ENTREPRENEURSHIP MONITOR Operational Challenges • • • Modernising GEM & introduction of a policy monitor Keeping costs down - submit RFPs on time - Submit APS & NES data on time & follow guidelines - respond to emails promptly Looking at new methods for data collection - tablet based data collection - web based - hand held mobile devices GLOBAL ENTREPRENEURSHIP MONITOR GEM 2014 Annual Meeting • GEM at 15 years - policy impact - academic impact - educational impact - publicity - fundraising • YOUR MEETING…You decide where and how GEM goes GLOBAL ENTREPRENEURSHIP MONITOR GEM 2014 Annual Meeting MONDAY 20TH JANUARY 9.30 - 10.00 Executive Director Report 10.00 - 10.30 GERA Board Report 10.30 - 11.00 Break 11.00 - 12.30 GEM Research: Development and Avenues 12.30 - 13.30 Lunch 13.30 - 16.30 Using GEM For Research: Working Groups 16.30 - 17.30 Using GEM For Research: Report Back 18.30 - 20.30 GEM 2013 Global Report Launch 20.30 - 21.30 Cocktail GLOBAL ENTREPRENEURSHIP MONITOR GEM 2014 Annual Meeting TUESDAY 21ST JANUARY 9.00 - 11.30 Regional Working Groups 11.30 - 12.30 Regional Working Groups: Report Back 12.30 - 13.30 Lunch 13.30 - 16.30 Increasing the Policy Impact of GEM: Working Groups 16.30 - 17.30 Increasing the Policy Impact of GEM: Report Back 20.00 - 22.30 Gala Dinner GLOBAL ENTREPRENEURSHIP MONITOR GEM 2014 Annual Meeting WEDNESDAY 22ND JANUARY 9.00 - 11.00 Data Session and New Survey Methods 11.00 - 11.30 Break 11.30 - 13.00 Association of GEM National Teams (AGNT): Annual General Meeting 13.00 - 14.00 Lunch 14.00 - 16.30 GEM at 15 Years: Working Groups 16.30 - 17.30 GEM at 15 Years: Report Back 17.30 – 18.00 Closing Comments GLOBAL ENTREPRENEURSHIP MONITOR GEM 2014 Annual Meeting THURSDAY 23RD - FRIDAY 24TH - SATURDAY 25TH JANUARY 8.00 - 18.00 Workshop: Using GEM Data in Papers Thomas Schott ADVANCE REGISTRATION REQUIRED 8.00 - 18.00 GEM Writing Boot Camp Maria Minniti ADVANCE REGISTRATION REQUIRED GLOBAL ENTREPRENEURSHIP MONITOR