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GEM Report Presentation

GEM India

By Group 1

IEE/051
IEC/042
IME/047
IEE/019
IFT/009
IME/042
ICE/005
IEE/054
Table of Content

1. About GEM 10. Entrepreneurship Development in


Gujarat.
2. GEM - Mission 10.1. Selected Start-ups in Gujarat.
3. How GEM prepares the Report? 11. Entrepreneurship Development in
4. How GEM studies Entrepreneurship? Madhya Pradesh
1. Why do individuals pursue Entrepreneurship? 11.1. Major Start-ups in Madhya Pradesh
2. Entrepreneurship by numbers 12. Entrepreneurship Development in
3. 2019 GEM TEAM Global Case Study Chhattisgarh
12.1. Major Start-ups in Chhattisgarh
5. TEA - Total Early-stage Activity
13. Entrepreneurship Development in
6. GEM : Major Findings in India Jammu & Kashmir
1. Findings by APS 13.1. Major Start-ups in Jammu & Kashmir
2. Findings by NES 14. The Conclusion
7. Entrepreneurship Framework Conditions
8. Indian State wise Ranking
9. Women Entrepreneurship and women
Entrepreneurs in India
1. List of Female Entrepreneurs in India
1. About GEM
1. GEM began in 1999 as a joint research project between Babson College (USA)
and London Business School (UK).

2. GEM is a consortium of national country teams, primarily associated with top


academic institutions that carries out survey-based result on entrepreneurship
around the world.

3. The Global Entrepreneurship Monitor (GEM) research project is an annual


assessment of the national level of entrepreneurial activity in multiple, diverse
countries. Based in London, England, GEM is now the largest ongoing study of
entrepreneurial dynamics in the world.
2. GEM - Mission
● Entrepreneurship is an essential driver of societal health and
wealth.

● It is also a formidable engine of economic growth.

● It promotes the essential innovation required not only to


exploit new opportunities, promote productivity, and create
employment, but to also address some of society’s greatest
challenges.

● GEM aims to serve as an eye-openers for various world


economies.
3. How GEM prepares the REPORT?

Factor Driven Economy

Efficiency Driven Economy GEM REPORT

Innovation Driven Economy


4. How GEM studies Entrepreneurship?
4.1 Why Do Individuals Pursue
Entrepreneurship ?
4.2 Entrepreneurship by Numbers
4.3.
2019
GEM TEAM
CASE STUDY
5. TEA - Total Early-Stage Activity
6. GEM : Major findings in INDIA.
(2017-18)
● The GEM Report covers results based on 54 economies completing the
Adult Population Survey (APS) and the National Expert Survey (NES).
● The report provides insights into entrepreneurial activities in India. The GEM
India study was conducted using a well-established GEM research
methodology, consistent across all participating countries, thus enabling a
cross-country comparison.
● The APS was conducted with 4000 respondents. Questions were based on
generating information regarding the level of entrepreneurial activity in this
country based on the national framework conditions.
● NES was conducted on 72 national experts. The NES in India focuses on the
entrepreneurial ecosystem, and with regard to the nine entrepreneurial
framework conditions.
6.1 Findings by APS.
● Self-perception has been affected and has slightly increased as well as decreased for all
the four categories. Perceived opportunity was 44.3 in 2016 and has slightly increased to
44.9 in current 2017 survey.
● Fear of failure has somehow increased among masses due to many policy formulations (for
the better). It was 37.5 percent in 2016 and has surged to 39.6 in 2017.
● Males have shown higher entrepreneurial intention in 2017 as in 2016.

6.2 Findings by NES.


Major constraints for entrepreneurship development in India are as follows:
● Government Policies; Financial support; Cultural and social norms
● The establishment of numerous educational institutions and creating base for
entrepreneurship education and training has greatly lifted the entrepreneurial aspirations of
young students.
● Students are not only strengthening the workforce but are also aspiring to be self-
employed or lead start-ups by using their skill education.
7. Entrepreneurial
Framework
Conditions
The framework is a representation
of the multifaceted features of
entrepreneurial endeavours,
behaviours, proactiveness, and
innovativeness of individuals with
concern to the environment
*Start-up India action plan highlights.
8. Indian State Wise Ranking.
9. Women Entrepreneurship and Women
Entrepreneurs of India

The Mastercard Index of Women It also predicted few enabling factors such
Entrepreneurs (MIEW) Report 2017 found as a positive business mindset, sheer
that indicators such as, support for SMEs, drive and determination to succeed, and
financial inclusion of women, ease of high ability to identify good business
doing business, quality of governance’, opportunities, as crucial, as was found in
cultural perception of women the GEM Report too.
entrepreneurs, and entrepreneurship
supportive factors are the strongest
enablers of women ownership of
businesses.
9.1 Female Entrepreneurs in India.
10. Entrepreneurship Development in
Gujarat

● Gujarat is renowned for its entrepreneurial culture.


● Apart from hosting a vibrant business community and a large number of
MSMEs, the state presents a unique human capital opportunity with its
demographic dividend and a rising educated youth population.
● Institutions have provided a Student Start-up Support System and have
incorporated entrepreneurship in their curriculum.
● To promote entrepreneurship and encourage employment for artisans
engaged in traditional crafts, the government of Gujarat announced its’
first-ever Cottage and Rural Industries Policy 2016.
10.1 Start-up Ecosystem in Gujarat.
11. Entrepreneurship Development in
Madhya Pradesh

● Madhya Pradesh has established itself as one of the most favourable


destinations for high-tech industries, including heavy engineering, IT,
ESDM, telecommunications, and automobiles, along with other industries
like textiles, pharmaceuticals, cement, agro and food processing-based
industries by setting up dedicated industrial clusters at various locations.
● Madhya Pradesh has over 500 start-ups, with a majority of them situated
in Bhopal and Indore
11.1 Selected Start-us in Madhya Pradesh.
12. Entrepreneurship Development in
Chhattisgarh

● The Chhattisgarh Innovation and Entrepreneurship Policy 2016–2017 is


aimed at creating an enabling environment for entrepreneurship
development in the state.
● Start-ups incubated in the state to have funding raised from VCs, financial
institutions, and angel investors.
● The Start-up Chhattisgarh was kick-started by the government and under
the scheme, innovative business ideas will be collected through a boot
camp covering all 27 districts
12.1 Major Start-ups in Chhattisgarh.
13. Entrepreneurship Development in
Jammu & Kashmir
● Jammu & Kashmir State Industrial Development Corporation (JK SIDCO) is
the nodal agency for promotion and development of medium- and large-
scale industries in the state
● The state has focused its attention on creating facilities in emerging
sectors such as renewable energy, IT, biotechnology, nanotechnology, and
food processing.
● Among the major initiatives undertaken by the institute in FY 2016–2017
was the establishment of Centre for Women Entrepreneurship (CWE), an
exclusive centre which would focus on skill development and enhancing
entrepreneurial acumen among women.
13.1 Major Start-ups in Kashmir.
14. The Conclusion

★ GEM gives in-depth coverage of entrepreneurial activities in India.


★ GEM gives insightful analysis of data on different parameters of
entrepreneurship.
★ GEM gives graphical and easy-to-interpret presentations of findings.
★ GEM gives recommendations for policy implications.
“I'm convinced that about half of what
separates successful entrepreneurs from
the non-successful ones is pure
perseverance.”
- Steve Jobs.
Thanks!
Group 1

Shailly Singh
Shreya Singh
Aditya Singh
Shaurya Dimri
Deepankar Chaudhary
Hadi Raza Zaidi
Saransh Raj
Siddharth Kr. Pathak.

@pa.tha.k.6

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