Gem 2011

In: Business and Management

Submitted By marcofiore
Words 10913
Pages 44
GLOBAL ENTREPRENEURSHIP MONITOR

Entrepreneurs and Entrepreneurial Employees Across the Globe
Niels Bosma, Sander Wennekers and José Ernesto Amorós

2011 Extended Report:

GLOBAL ENTREPRENEURSHIP MONITOR 2011 EXTENDED REPORT: Entrepreneurs and Entrepreneurial Employees Across the Globe

Niels Bosma, Utrecht University & Global Entrepreneurship Research Association Sander Wennekers, EIM Business & Policy Research José Ernesto Amorós, Universidad del Desarrollo

Founding and Sponsoring Institutions: Babson College, Babson Park, MA, United States Lead Sponsoring Institution and Founding Institution Universidad del Desarrollo, Santiago, Chile Sponsoring Institution UniversitiTun Abdul Razak, Malaysia Sponsoring Institution London Business School, London, United Kingdom Founding Institution

Although GEM data were used in the preparation of this report, their interpretation and use are the sole responsibility of the authors. The authors would like to thank Erkko Autio, Alicia Coduras, Jolanda Hessels, Donna Kelley, Miguel Meuleman, Jeff Seaman, Rolf Sternberg and Peter van der Zwan for providing comments on earlier drafts and/or their crucial role in the data collection procedures. Special thanks go to Jonathan…...

Similar Documents

Jade Castro: the All-Around Gem

...1The All-Around Gem The all-around gem By Arielle Poblete He’s adaptable and an idealist. Jade Castro is the person behind numerous blockbuster hits of the contemporary Philippines cinema. He has won awards for such unique directorial and writing capability. As a director in the Rom-com phase of the Philippine cinema, Mr. Castro has helped revolutionize and create different kinds of plots through unique kinds of approaches, not only in rom -coms, but also for independent films. A bright future ahead of him, Mr. Jade Castro is one of the Philippines ’ special and unique talents that will surely create a lot of buzz and change within the audience and the country. Extraordinary Newbie Jade Castro graduated last 2000 as a film major from UP Diliman. As a fresh graduate, he first ventured onto the world of television. He worked for ABS -CBN and Star Cinema as a member of Concept Development Group and a script brainstormer, and directed my personal favorite, It Might Be You, where the tandem of Bea and John Llyod was first to be featured. But there seemed to be something missing for Jade. It wasn’t television that he felt was the best medium to express his artistry. 2The All-Around Gem “But I really want to focus on films so I handled script continuity for Direk Uro de la Cruz in movies he was doing for Regal like Bahay ni Lola,Singsing ni Lola and Bakit Papa with the SexBomb. I learned so much from him. Then I also learned writing scripts from Ricky Lee and I wrote......

Words: 2274 - Pages: 10

Case Study Gems

...the   General   Electric   Medical   Systems   (GEMS)   portfolio   was   manufactured   in   one   to   two   centres  of  excellence.  From  there  the  products  were  shipped  all  over  the  world.  The  case   states   that   60%   to   96%   of   products   made   in   a   centre   of   excellence   were   eventually   sold   in  a  different  part  of  the  world.   At   this   point,   with   regard   to   the   manufacturing   strategy   we   think   it   is   important   to   mention   that   GEMS   only   manufactured   the   most   decisive   parts   of   their   products   themselves,   the   so-­‐called   “crown   jewels”.   This   took   place   in   the   centres   of   excellence.   The  rest  of  the  process  was  mainly  assembly  of  parts  they  bought  from  outside  vendors.   Therefore,  the  vice  president  of  GEMS,  Marc  Onetto,  points  out  that  it  is  “mainly  a  supply   chain  game”.   However,  for  the  most  vital  parts,  where  all  the  technology  and  knowledge  of  GEMS  was   concentrated  the  COEs  were ......

Words: 1401 - Pages: 6

A Gem of a Study

... A GEM of a Study Abstract: The Global Entrepreneurship Monitor Entrepreneurial Assessment, a joint project of The Kauffman Center for Entrepreneurial Leadership at Babson College (now Arthur M. Blank Center for Entrepreneurship) and The London Business School, has undertaken a long-term, large-scale project to prove the causal links between a government's economic policies and initiatives, the resulting entrepreneurial activity and subsequent economic growth. This case describes multiple-stage research, including thousands of interviews in several countries by established research firms. URLs: www.london.edu www3.babson.edu/eship/aboutblank/ How/When to Use This case deals with the concept of causal studies vs. descriptive studies and what needs to be included in the research design of each study type. It also deals with what constitutes control in research design; in this context it is best used with chapters 6-9. This is also a great case to use to discuss constructs vs. concepts (Chapter 3), as Exhibit C-GEM-1.1 clearly has struggled with defining numerous constructs and multiple-measurement variables and, therefore, could be used to further explore text Exhibit 3-1. The case also mentions the use of standardized data; in this context you could use the case to explore how "standardized" data from different countries really is and where the student seeks such country-specific data. Discussion Questions: 1. What are the independent and dependent variables in......

Words: 1512 - Pages: 7

A Gem of Study

...>cases A GEM of a Study >Abstract The Global Entrepreneurship Monitor Entrepreneurial Assessment, a joint project of The Kauffman Center for Entrepreneurial Leadership at Babson College and The London Business School, has undertaken a long-term, large-scale project to prove the causal links between a government’s economic policies and initiatives, the resulting entrepreneurial activity and subsequent economic growth. This case describes multiplestage research, including thousands of interviews in several countries by established research firms. >The Scenario What government policies and initiatives are most likely to generate high levels of entrepreneurial activity? Which are positively correlated with the economic well-being of a country as measured by growth in GDP and job formation? Project directors of the Global Entrepreneurship Monitor (GEM), who define entrepreneurship as “Any attempt at new business or new venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals, or an established business,” suggest the following: • Promoting entrepreneurship, especially outside the most active age group (25-44), with specific programs that support entrepreneurial activity. • Facilitating the availability of resources to women to participate in the entrepreneurial process. • Committing to long-term, substantial postsecondary education, including training programs designed to develop...

Words: 1079 - Pages: 5

Zara 2011

...of the main indicators 2011 Turnover (in millions of euros) Sales 2010 13,793 12,527 Results and cash flow (in millions of euros) Operating profit (EBITDA) Operating profit (EBIT) Net income Net income attributable to the parent company Cash flow 3,258 2,522 1,946 1,932 2,613 2,966 2,290 1,741 1,732 2,540 Financial and management ratios ROE ROCE 28% 37% 30% 39% Other relevant information Number of stores Net openings Number of markets with commercial presence Number of employees % men/women Overall energy consumtion (Tj) Number of suppliers Social investment (in millions of euros) 5,527 483 82 109,512 20.5/79.5% 3,381 1,398 14 5,044 437 77 100,138 19.5/80.5% 3,230 1,337 11 Highlights Sales 13,793 12,527 9,435 10,407 11,048 10,000 7,500 15,000 12,500 5,000 2,500 0 2007 2008 2009 2010 2011 Sales by geographical Rest of Europe 45% Spain 25% America Asia and the rest of the 12% world 18% Net profit 2,500 1,946 1,741 1,258 1,262 1,322 2,000 1,500 1,000 500 0 2007 2008 2009 2010 2011 Number of employees 0 20,000 40,000 60,000 80,000 100,000 120,000 2011 2010 2009 2008 2007 79,517 109,512 100,138 92,301 89,112 Inditex´s Annual Report addresses its economic, social and environmental performance for the purposes of achieving the maximum transparency in its relationship with all its stakeholders annual report 2011 index 06......

Words: 132690 - Pages: 531

Autumn Gem China 202

...Being born in the United States I am fortunate to have all the rights that I have, especially since I am female. I cannot imagine what life would be like without all of the changes that have come about because of our nations early feminists. Autumn Gem is a documentary about the life of China’s first feminist and how it sparked the women’s movement in China. Qiu Jin challenged the traditional gender roles and demanded equal rights and opportunities for women in China. She became interested in defining women’s rights at an early age. As a child she looked up to other influential women in China’s history. Qiu Jin studied martial arts as a young child and began schooling after watching her brother and his tutor. Qiu Jin became an accomplished writer, talented martial artist, and a leader of a revolutionary army. In the 20th century she was recognized as a national heroine who redefined what it meant to be a woman in China. At the beginning of the movie we see Qiu Jin trying to take the role as a traditional woman in China. You see her going through an arranged marriage, to a wealthy man and came from a religious family, and practiced foot binding. As her marriage progressed Qiu Jin became very unhappy with being a submissive house wife. So she began to read and write for a women’s activist newspaper. She had two children and soon was divorced. Her and her fellow activists’ supporters built a school where they would recruit and train new members of the cause. They hoped the......

Words: 819 - Pages: 4

Gems Case

...1. Analyze overall challenges of GEMS in 2002 a. Technological change: + Genomics and healthcare information technology such as Digital Imaging, Electronic Patient Records and Disease Management Systems make personalized medicine and personalized diagnostics possible. Moreover, healthcare practice move from cure to prevention. These changes require expertise in biomedical sciences rather than in engineering and physics; and also investment, collaboration with pharmaceutical companies which facilitate the creation of imaging equipment necessity to alter GEMS business model which is away from engineering heritage toward bio-chemistry and develop drug based on genetic code for specific individual, or small group rather than entire population. b. Demographic change: + Population were aging in advanced nation, implied fewer working-age people to pay for more intense care while the emerging middle-classes if Asia, Eastern Europe and Latin America were increasingly aware of, and needed, better healthcare. This requires the shift in distribution of healthcare equipment in these countries (more for Asia, Eastern and Latin America) and the change in market segment of healthcare equipment. + Global information flows made healthcare disparities between developed and developing nations more stark and unacceptable. Thus, concentrating more on developing world needs great effort investment and customization. c. Fierce competition: + Siemens is leading in healthcare IT, which is......

Words: 675 - Pages: 3

Gems and Jewellery's

...the part of the user due to any reliance placed or guidance taken from any portion of this report. Human Resource and Skill Requirements in the Gems and Jewellery Industry Study on mapping of human resource skill gaps in   India till 2022  Human Resource and Skill Requirements in the Gems and Jewellery Industry Table of Contents 1.  Environment Scanning and Competitiveness of the Gems and Jewellery sector .................... 4  1.1.  1.2.  1.3.  1.4.  1.5.  1.6.  1.7.  2.  India in the Global Context ..................................................................................................... 4  Industry size and Growth of the Gems and Jewellery Sector ................................................. 4  Value chain of the Gems and Jewellery sector ....................................................................... 9  Market Structure of the Gems and Jewellery sector ............................................................. 11  Demand Drivers of the Gems and Jewellery sector .............................................................. 16  Drivers of competitiveness of the Gems and Jewellery Sector ............................................. 18  Key Success Factors and Risk Factors of the Gems and Jewellery sector ............................ 19  Human Resource and Skill Requirements in the Gems and Jewellery Sector ...................... 21  2.1.  2.2.  2.3.  2.4.  2.5.  Current employment pattern......

Words: 16187 - Pages: 65

Dropbox - the Gem of Silicon Valley

...photo applications. Financial terms were not released at the time of the acquisition. As of February 2013, Dropbox was responsible for 0.29% of all worldwide Internet traffic. On March 15, 2013, Dropbox acquired the email management application for iOS Mailbox. On July 20, 2013, Dropbox acquired mobile coupon startup Endorse. On November 13, 2013, Dropbox announced it had reached 200 million users, and announced changes to "Dropbox for Business". Dropbox Inc. has closed on about $250 million in a funding round that values the online-storage provider at close to $10 billion. At $10 billion, Dropbox is now one of the most highly valued companies backed by venture capitalists. The company's valuation has more than doubled since late 2011, when investors valued the San Francisco-based company at $4 billion. The company also got a higher price than expected when it approached investors as recently as November. Looking at the results there is not much to room to talk about success or failure. The results are obvious. The question is what key factors led the venture to this success. • Dropbox solved the design and engineering problems in an elegant fashion. They secured funding and saw an opportunity for mainstream success • Dropbox was very difficult to explain. It was a new idea that lived in a world without analogy. This is where Dropbox found a solution. The home page of Dropbox.com was redesigned to display a short animated video to introduce and explain the......

Words: 1236 - Pages: 5

Gem and Jewelry

...Gems and Jewellery Last Updated: December 2010 Gems and jewellery form an integral part of Indian tradition. A legacy passed from one generation to another. The components of jewellery include not only traditional gold but also diamond, platinum accompanied by a variety of precious and semi-precious stones. The Indian gems and jewellery sector is expected to grow at a CAGR of around 13 per cent during 2011 – 2013, on the back of increasing government efforts and incentives coupled with private sector initiatives, according to a report ‘Indian Gems and Jewellery Market Forecast to 2013’, by RNCOS. As per the credit rating agency Crisil, the diamond industry in India is predicted to remain stable during 2010-11 due to improved prices and steady demand. Gems and jewellery exports from India is expected to grow by 30-35 per cent in 2010-11, according to the Gem and Jewellery Export Promotion Council (GJEPC), on the back of revival in demand in the international markets. Industry Structure Although, the market is highly dominated by the unorganised players, with increase in consumer income and economic prosperity, the future of organised retail in India is very bright. In its bid to enhance the market strategy, a gems and jewellery special economic zone (SEZ) sprawling over 40 acres with an investment of US$ 441.1 million is being planned to be set up by Gold Souk, the jewellery mall developer. The company plans to have residential apartments named Gold......

Words: 1232 - Pages: 5

A Gem of a Study

...>cases A GEM of a Study >Abstract In periods of economic downturn, government leaders try to stimulate entrepreneurship activity. Project directors of the Global Entrepreneurship Monitor, partnered with the Kauffman Center for Entrepreneurial Leadership of Ewing Marion Kauffman Foundation, the London School of Business and Babson College,designed a research study to add insight to what activities would be most likely to stimulate entreprenship activities. >The Scenario What government policies and initiatives are most likely to generate high levels of entrepreneurial activity? Which are positively correlated with the economic well-being of a country as measured by growth in GDP and job formation? Project directors of the Global Entrepreneurship Monitor (GEM), who define entrepreneurship as “any attempt at new business or new venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals, or an established business,” suggest the following: • • • • • • Promoting entrepreneurship, especially outside the most active age group (25– 44), with specific programs that support entrepreneurial activity. Facilitating the availability of resources to women to participate in the entrepreneurial process. Committing to long-term, substantial postsecondary education, including training programs designed to develop skills required to start a business. Emphasis on developing an individual’s......

Words: 1092 - Pages: 5

Gems Case

...underlying logic behind the global product idea? What are the costs and the benefits that are expected? Answer- Global Electric Medical Systems (GEMS) had built a global presence on the backs of the Global Product Company (GPC) concept .This philosophy concentrated on manufacturing and then carry out activities anywhere in the world, where it could be carried out to GE’s Standards and cost effectively without compromising on quality. Medical equipment are globally standardized product which don’t require to be tweaked or adapted to local market needs. GEMS in terms of Adaptation, had invested heavily in country-based sales and marketing by providing equipment and services such has training and consulting advisory tailored to country specific needs. GEMS had overtaken its competitors through Arbitrage; The GPC led to building of Centers of Excellence (COE). From these COEs 60-96% of the products were shipped to other locations. COE were strategically located at developing economies which shipped its developed products to different countries (First world countries) which saved costs and time, thus maintaining its market leadership and addressing the demands for affordable equipment’s globally. Medical Equipment industry has proven that Aggregation has one of the key factors for this type of industry over the past few years. GEMS had also addressed aggregation related challenge through GPC concept and managed to remain profitable and market......

Words: 1285 - Pages: 6

Gems & Jewellery Industry in India

... Jewellery & Gems Industry * Group 10 * K Ashwin * Himanshu Raj Gupta * Lalit Mittal * Kaustav Ghosh * Meghna Singh * Kishan Khedia * Gunjankumar Solanki Table of Contents Executive Summary Situation Analysis Climate (PEST) Company Gitanjali Gems Tribhovandas Bhimji Zaveri Titan Industries Ltd (Tanishq) E-commerce in Jewellery Customer Analysis Collaborators Porter’s 5-forces analysis Problem Brand : TANISHQ Executive Summary According to a report by Research and Markets, the Jewellery Market in India is expected to grow at a CAGR of 15.95 per cent over the period 2014-2019.The Gems and jewellery sector in India plays a significant role in the Indian economy, contributing around 6-7 per cent of the country’s GDP. One of the fastest growing sectors, it is extremely export oriented and labour intensive. India is deemed to be the hub of the global jewellery market because of its low costs and availability of high-skilled labour. The gold jewelry exports from India were US$ 554.45 million in December 2014, while silver jewellery exports were US$ 148.49 million, according to the latest data released by the Gems and Jewellry Export Promotion Council (GJEPC). The cumulative foreign direct investment (FDI) inflows in diamond and gold ornaments in the period April 2000-December 2014 were US$ 476 million, according to Department of Industrial Policy and Promotion (DIPP). The sector is witnessing changes in consumer preferences, as the......

Words: 3803 - Pages: 16

A Gem

...mbaskool.com/brandguide/food-and-beverages/2805-pepsi-co.html http://www.coca-colaindia.com/our-products/product-list-descriptions/ http://annasurname.hubpages.com/hub/PEST-Analysis-Coca-Cola http://ivythesis.typepad.com/term_paper_topics/2009/12/pestle-analysis-on-coca-cola.html Be cautious. You could lose lot of marks. Refer to MS Excel file. Do not print instructions How to search for Balance-Sheet: Step 1: Visit the company's official website. Step 2: Search for Investor's page on official website Step 3: After landing on the Investors page. Search for balance-sheets or financial results. Step 4: Download SOFT COPY of balance sheets for the last 3 years. For ex: 2014-15, 2013-14, 2012-13, 2011-12. Note: A Balance-Sheet would typically run into minimum of 120 pages. Therefore DO NOT PRINT BALANCE SHEET. Download on your pendrive. Step 6: Read and analyze the Balance Sheet. Step 7: Enter information and submit the assignment along with soft copies of Balance-Sheet...

Words: 2058 - Pages: 9

Rare Gem

...agreement of buying back the finished polished gems by Wisconsin. Also they accepted the drafts and made full payment to the applicant, which I suggest they shouldn’t do. Because the price of the gems went down and also the issuing bank who bought the drafts from Midwestern are unable to collect the money from the buyers. As Wisconsin denied the side agreement with the Vietnamese buyers and there was no clause present for that in the drafts, Midwestern cannot claim the money. 2. “What risks were faced by Wisconsin when they undertook to accept the guarantee and to ship the goods under it?” Letter of guarantee is a type of commitment from the bank on behalf of its customers (buyer) to the third party (suppliers) and Promises to meet any financial obligations in case the customers fails to fulfill the requirement of the contract. The risks that Wisconsin faced when they agree to accept the letter of guarantee and ship the goods under it includes currency risk, commercial risk, risk of nonpayment. One of the commercial risk involved the quality of goods delivered. When the Wisconsin made its first delivery to Saigon jewels, they indicated that not all of the jade gems received are of good quality. So, the delivered goods did not match the expectations of buyers. The other commercial risk Wisconsin faced was nonpayment and non-delivery or delay in delivery. After the first shipment the buyer did not like the quality of gems and advised its bank to not to issue any......

Words: 1294 - Pages: 6