The Global Entrepreneurship Monitor (GEM) is a research project that aims to understand and measure entrepreneurship across the world. The project was first conceptualized in 1997 by two academics, one from London Business School and the other from Babson College. Since then, GEM has become a global network of researchers who collect and analyze data on entrepreneurship in different countries.
The GEM project has had a significant influence on policy, with governments and other organizations using the data to develop and implement policies that support entrepreneurship. The project has also helped to raise awareness of the importance of entrepreneurship as a driver of economic growth and job creation.
In 2017/18, GEM conducted research in 52 countries, including Brazil, Bulgaria, Chile, China, Colombia, Croatia, Ecuador, Germany, Greece, Guatemala, Israel, Malaysia, Poland, Puerto Rico, Slovakia, Slovenia, Spain, South Korea, Sweden, Thailand, and Turkey. The research involved collecting data on various aspects of entrepreneurship, such as the number of new businesses, the rate of business survival, and the level of entrepreneurial activity among different groups of people.
Overall, the GEM project has made a significant contribution to the understanding of entrepreneurship and its role in economic development. The project's findings have been used to inform policy decisions in many countries, and it continues to be a valuable resource for researchers, policymakers, and others interested in entrepreneurship.