Executive Director’s Report for 2012 – Mike Herrington 1999 GEM 2012 GLOBAL ENTREPRENEURSHIP MONITOR GEM National Teams 2012 : 99 countries Algeria Angola Argentina Austria Australia Bangladesh Barbados Belgium Bosnia and Herzegovina Botswana Brazil Canada Chile China Colombia Costa Rica Croatia Czech Republic Denmark Dominican Rep. Ecuador Egypt El Salvador Estonia Ethiopia Finland France Germany Ghana Greece Guatemala Hong Kong Hungary Iceland India Indonesia Iran Ireland Israel Italy Jamaica Japan Korea Latvia Lithuania Macedonia Malawi Malaysia Mexico Montenegro Morocco Netherlands New Zealand Nigeria Norway Pakistan Panama Puerto Rico Philippines Poland Portugal Romania Russia Singapore Slovakia Slovenia South Africa Spain Sweden Switzerland Taiwan Thailand Trinidad and Tobago Tunisia Turkey UAE Uganda United Kingdom United States Uruguay Venezuela Zambia Major projects completed in 2012 • • • • GEM operations manual GEM induction pack GEM introductory pack for new countries Meltwater News worldwide publications monitor • New GEM website • New participation agreement • ILO youth project study using android mobile technology GLOBAL ENTREPRENEURSHIP MONITOR Ongoing projects started in 2012 • European Commission grant • Caribbean GEM/IDRC project • Sub-Saharan African GEM/IDRC project GLOBAL ENTREPRENEURSHIP MONITOR Projects in progress for 2013 • Prince’s Trust Youth Business International project • South East Asia IDRC project – Philippines, Indonesia & Vietnam • Video training manual • Research seminar by Maria Minniti • Research & Innovation Advisory Committee : Slavica Singer GLOBAL ENTREPRENEURSHIP MONITOR New Teams in 2013 • Canada • Luxembourg • Ukraine • Montenegro (rejoined) • Puerto Rico (rejoined) Possible New Teams in 2013 • Indonesia • Vietnam • The Philippines GLOBAL ENTREPRENEURSHIP MONITOR GEM Metrics for 2012 Increase in Number of Participating National Teams 80 70 60 50 40 30 20 10 0 GLOBAL ENTREPRENEURSHIP MONITOR Staff costs relative to National Team income National Team income Staff costs (excl Executive Director) 2009 £388,365 £243,109 2010 £435,217 £250,513 2011 £412,604 £207,185 2012 £517,500 £242,788 2013 £540,000 £255,318 63% 58% 50% 47% 47% Ratio 70% 60% 50% 40% 30% 20% 10% 0% 2009 2010 GLOBAL ENTREPRENEURSHIP MONITOR 2011 2012 2013 GEM Metrics for 2012 GLOBAL ENTREPRENEURSHIP MONITOR GEM Metrics for 2012 GLOBAL ENTREPRENEURSHIP MONITOR Research Funding • Set up by the GERA Board in January 2012. £50 000 allocated to promote research within GEM • Two calls for proposals - Late February (30 April) - End July (30 August) GLOBAL ENTREPRENEURSHIP MONITOR Research Funding Proposals • • • • • • “Explaining entrepreneurship as a multidimensional issue ; a multilevel analysis over space & time” by Rolf Sternberg & Christian Hundt “Workshop to be held in 2012 in San Sebastian” by Inaki Pena, Ricardo Hernadez Mogollon, Ernesto Amoros & Maribel Guerrero “The state of women entrepreneurship in the ECO region : women entrepreneurial intentions and motivations in Iran, Pakistan & Turkey” by Leyla Sarfaraz, Sarfraz Mian & Emine Esra Karadeniz “Workshop in Spring 2013 : Institutions & allocation of entrepreneurship” by Niels Bosma & Erik Stam _____________________________________ “Collaborative research on entrepreneurship in sub-Saharan Africa” by Thomas Schott “Thematic research workshop conference, Barcelona” by Yancy Vaillant GLOBAL ENTREPRENEURSHIP MONITOR GERA Staff Changes • Jeff Seaman - consultant capacity • Yana Litovsky – Data Team Supervisor • Jonathan Carmona – Data Manager • Niel Bosma – Research Fellow GLOBAL ENTREPRENEURSHIP MONITOR Introduction of GERA Staff Research Team Jeff Seaman Statistical Consultant Introduction of GERA Staff Research Team Yana Litovsky Data Team Supervisor Introduction of GERA Staff Research Team Alicia Coduras NES Data Manager Introduction of GERA Staff Research Team Niels Bosma Research Fellow Introduction of GERA Staff Administration Team Chris Aylett Administrative Manager Introduction of GERA Staff Administration Team Ingrid Blake Administrative Assistant Introduction of GERA Staff Outreach Marcia Cole Publications, Events, Media GERA 2013 – Budgeted Income and Expenditure Sponsoring Institutions National Teams Other Income TOTAL INCOME 250,000 540,000 (4,000) 786,000 OPERATIONS EXPENDITURE Staff Costs (182,530) Infrastructure Costs Administrative Costs Meetings and Travel Costs Research and Development Costs Publication Costs TOTAL OPERATIONS EXPENDITURE (7,500) (54,500) (70,000) (6,234) (13,500) (334,264) RESEARCH EXPENDITURE Staff Costs Research and Development Costs GERA Research Fund TOTAL RESEARCH EXPENDITURE GLOBAL ENTREPRENEURSHIP MONITOR (18,467) (8,037) (50,000) (76,504) GERA 2013 – Budgeted Income and Expenditure STRATEGIC EXPENDITURE Staff Costs Meetings and Travel Costs PR, Advertising and Outreach Costs TOTAL STRATEGIC EXPENDITURE (121,994) (20,000) (27,000) (168,994) GOVERNANCE EXPENDITURE GERA Board Meetings TOTAL GOVERNANCE EXPENDITURE (40,000) (40,000) TOTAL EXPENDITURE TOTAL 2013 OPERATING SURPLUS Retained earnings at 01 January 2012 2012 Forecast Surplus 2013 Forecast Surplus TOTAL FORECAST RESERVES AT 31 DEC 2013 GLOBAL ENTREPRENEURSHIP MONITOR (619,762) 166,238 551,545 184,321 166,238 902,104 Operational Challenges • Nature of GEM has changed over the last 5 years • Truly Global = challenges - new countries - difficulties in data collection - training GLOBAL ENTREPRENEURSHIP MONITOR Operational Challenges • 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 - web based - hand held mobile devices GLOBAL ENTREPRENEURSHIP MONITOR GEM 2013 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 2013 Annual Meeting T H U R S D A Y 1 7TH J A N U A R Y Venue: Plenary Theatre, Level 3, KLCC 09h30 – 12h30 GEM 2012 Global Report Launch 12h30 – 13h30 Lunch 13h30 – 14h15 GERA Board Report 14h15 – 15h00 Executive Director Report 15h00 – 15h30 Break 15h30 – 17h30 AGNT – Annual General Meeting and Election 18h30 Gala Dinner Saloma Theatre Restaurant GLOBAL ENTREPRENEURSHIP MONITOR Michael Hay Silvia Carbonell Mike Herrington Silvia Carbonell GEM 2013 Annual Meeting FRIDAY 1 8TH J A N U A R Y Venue: UNIRAZAK City Campus - Hall A, Level 1 08h30 – 09h00 (Optional) Training Session – Topic TBD Data Team 09h00 – 10h00 Strategic Priorities for GEM – Working Groups 10h00 – 10h30 Strategic Priorities for GEM – Feedback Session Mike Herrington Michael Hay Mike Herrington Michael Hay 10h30 – 11h00 Break 11h00 – 11h30 New Survey Methods 11h30 – 12h30 APS and NES Data Session GLOBAL ENTREPRENEURSHIP MONITOR Mike Dalious Jeff Seaman Data Team GEM 2013 Annual Meeting FRIDAY 1 8TH J A N U A R Y Venue: UNIRAZAK City Campus - Hall A, Level 1 12h30 – 13h30 Lunch 13h30 – 14h00 Presentation of UNIRAZAK's "Coach and Grow" Programme Roland Xavier 14h00 – 15h00 GEM and Public Policy Mike Herrington Michael Hay 15h00 – 15h30 Break 15h30 – 17h00 GEM Research: Development and Avenues GLOBAL ENTREPRENEURSHIP MONITOR Slavica Singer National Teams GEM 2013 Annual Meeting SATURDAY 1 9TH J A N U A R Y Venue: UNIRAZAK City Campus - Hall A, Level 1 08h30 – 09h30 Malaysian Breakfast 09h00 – 09h30 (Optional) Training Session – Topic TBD 09h30 – 10h30 Closing Comments 10h30 Tour of Kuala Lumpur GLOBAL ENTREPRENEURSHIP MONITOR Data Team