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    Labour MP blasts ‘coked-up yobbery’ of far right protestors as she hits out at ‘disaster’ of asylum hotels

    Labour MP blasts ‘coked-up yobbery’ of far right protestors as she hits out at ‘disaster’ of asylum hotels

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    Blow for Scottish Conservatives as MSP quits party in protest at ‘reactionary politics’

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    SNP Government ‘failing stroke patients’ as average treatment waiting time over two hours

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    MSP demands Donald Trump pay up to cover costs of policing for Scottish visit

    Glasgow domestic waste sent to Spain as part of SNP council recycling drive

    Glasgow domestic waste sent to Spain as part of SNP council recycling drive

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    Scots selling counterfeit goods less likely to face prosecution as conviction rate plummets

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    Librarian cuts at Glasgow schools will ‘rob kids of opportunities’ as SNP Government urged to intervene

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    Nicola Sturgeon agrees to TV special as ex-SNP leader to be grilled on ‘striking revelations’ in new book

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    Donald Trump diary reveals exact time he will arrive in Scotland

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    Scots ‘forced to wait years’ for hernia operations as NHS struggles to meet demand

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    System must work to protect public as report finds chances missed with Southport killer

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    NHS in Scotland ‘stuck in analogue age’ as health boards shell out millions on pagers

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      Inflation rises again to new 40-year high

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      Bank of England hikes interest rates to 1.25%

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      Hiring activity in Scotland slows amid steep decline in staff availability

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      Raging Fabrizio Romano fires back at fan for branding him a ‘fraud’

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      Scotland’s plunging coefficient faces threat from Sweden as Champions League abyss awaits

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      Rangers brutally mocked by Belgian big mouth as rebuilding Brugge told UCL rivals aren’t ‘serious’

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      Jamie Vardy handed Celtic transfer pitch as two deals reach endgame

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      Etienne Youte breaks cover as Celtic issued Jakob Breum red flag before key transfer deadline

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      Lyall Cameron slammed for ‘disrespect’ as Rangers new boy comes under fire for Dundee ‘jibes’

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      Celtic risk blowing £1.6m transfer windfall as defensive duo head out on loan – Parkhead news bulletin

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      Prince William’s firm five-word statement to Chloe Kelly about Euros goal uncovered by lip reader

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      Kieran Tierney genius exposes ‘sloppy’ Ajax as Celtic earn rival acclaim despite Como Cup hammering

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      Andrej Bacanin makes Celtic transfer intentions clear amid Rangers claim as direct link with Lennon Miller emerges

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      Rangers strongest XI for Panathinaikos as Thelo Aasgaard injury blow opens door for Euro history-maker

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      Celtic could ‘renew interest’ in Evan Ferguson as transfer hijack follows Yamada hint and Ambrosino U turn

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        Sainsbury’s ‘gorgeous’ £25 jacket shoppers say is ‘good for all weather’

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        Of the 67 paramedics trained in Wales this year, only 20 have been given jobs

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        Labour MP blasts ‘coked-up yobbery’ of far right protestors as she hits out at ‘disaster’ of asylum hotels

        Labour MP blasts ‘coked-up yobbery’ of far right protestors as she hits out at ‘disaster’ of asylum hotels

        Blow for Scottish Conservatives as MSP quits party in protest at ‘reactionary politics’

        Blow for Scottish Conservatives as MSP quits party in protest at ‘reactionary politics’

        SNP Government ‘failing stroke patients’ as average treatment waiting time over two hours

        SNP Government ‘failing stroke patients’ as average treatment waiting time over two hours

        MSP demands Donald Trump pay up to cover costs of policing for Scottish visit

        MSP demands Donald Trump pay up to cover costs of policing for Scottish visit

        Glasgow domestic waste sent to Spain as part of SNP council recycling drive

        Glasgow domestic waste sent to Spain as part of SNP council recycling drive

        Scots selling counterfeit goods less likely to face prosecution as conviction rate plummets

        Scots selling counterfeit goods less likely to face prosecution as conviction rate plummets

        Librarian cuts at Glasgow schools will ‘rob kids of opportunities’ as SNP Government urged to intervene

        Librarian cuts at Glasgow schools will ‘rob kids of opportunities’ as SNP Government urged to intervene

        Nicola Sturgeon agrees to TV special as ex-SNP leader to be grilled on ‘striking revelations’ in new book

        Nicola Sturgeon agrees to TV special as ex-SNP leader to be grilled on ‘striking revelations’ in new book

        Donald Trump diary reveals exact time he will arrive in Scotland

        Donald Trump diary reveals exact time he will arrive in Scotland

        Scots ‘forced to wait years’ for hernia operations as NHS struggles to meet demand

        Scots ‘forced to wait years’ for hernia operations as NHS struggles to meet demand

        System must work to protect public as report finds chances missed with Southport killer

        System must work to protect public as report finds chances missed with Southport killer

        NHS in Scotland ‘stuck in analogue age’ as health boards shell out millions on pagers

        NHS in Scotland ‘stuck in analogue age’ as health boards shell out millions on pagers

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          Salesforce boss Marc Benioff joins Weev.

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          What is a virtual office and why you need one in Central London – Your Company Formations Ltd

          Inflation rises again to new 40-year high

          Inflation rises again to new 40-year high

          Bank of England hikes interest rates to 1.25%

          Bank of England hikes interest rates to 1.25%

          Hiring activity in Scotland slows amid steep decline in staff availability

          Hiring activity in Scotland slows amid steep decline in staff availability

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

          Scottish retail footfall growth ‘worst in UK compared to pre-pandemic’

        • Sports
          Raging Fabrizio Romano fires back at fan for branding him a ‘fraud’

          Raging Fabrizio Romano fires back at fan for branding him a ‘fraud’

          Scotland’s plunging coefficient faces threat from Sweden as Champions League abyss awaits

          Scotland’s plunging coefficient faces threat from Sweden as Champions League abyss awaits

          Rangers brutally mocked by Belgian big mouth as rebuilding Brugge told UCL rivals aren’t ‘serious’

          Rangers brutally mocked by Belgian big mouth as rebuilding Brugge told UCL rivals aren’t ‘serious’

          Jamie Vardy handed Celtic transfer pitch as two deals reach endgame

          Jamie Vardy handed Celtic transfer pitch as two deals reach endgame

          Etienne Youte breaks cover as Celtic issued Jakob Breum red flag before key transfer deadline

          Etienne Youte breaks cover as Celtic issued Jakob Breum red flag before key transfer deadline

          Lyall Cameron slammed for ‘disrespect’ as Rangers new boy comes under fire for Dundee ‘jibes’

          Lyall Cameron slammed for ‘disrespect’ as Rangers new boy comes under fire for Dundee ‘jibes’

          Celtic risk blowing £1.6m transfer windfall as defensive duo head out on loan – Parkhead news bulletin

          Celtic risk blowing £1.6m transfer windfall as defensive duo head out on loan – Parkhead news bulletin

          Prince William’s firm five-word statement to Chloe Kelly about Euros goal uncovered by lip reader

          Prince William’s firm five-word statement to Chloe Kelly about Euros goal uncovered by lip reader

          Kieran Tierney genius exposes ‘sloppy’ Ajax as Celtic earn rival acclaim despite Como Cup hammering

          Kieran Tierney genius exposes ‘sloppy’ Ajax as Celtic earn rival acclaim despite Como Cup hammering

          Andrej Bacanin makes Celtic transfer intentions clear amid Rangers claim as direct link with Lennon Miller emerges

          Andrej Bacanin makes Celtic transfer intentions clear amid Rangers claim as direct link with Lennon Miller emerges

          Rangers strongest XI for Panathinaikos as Thelo Aasgaard injury blow opens door for Euro history-maker

          Rangers strongest XI for Panathinaikos as Thelo Aasgaard injury blow opens door for Euro history-maker

          Celtic could ‘renew interest’ in Evan Ferguson as transfer hijack follows Yamada hint and Ambrosino U turn

          Celtic could ‘renew interest’ in Evan Ferguson as transfer hijack follows Yamada hint and Ambrosino U turn

          Trending Tags

          • Technology
            Shoppers leave Sky for ‘easy to use’ TV recorder that lets you watch telly for free

            Shoppers leave Sky for ‘easy to use’ TV recorder that lets you watch telly for free

            Google Pixel 10 pre-orders go live with up to £700 off from Sky, O2, Amazon and EE

            Google Pixel 10 pre-orders go live with up to £700 off from Sky, O2, Amazon and EE

            Tech fans say ‘brilliant fit’ £18 noise cancelling earbuds work ‘as well as Apple Airpods’

            Tech fans say ‘brilliant fit’ £18 noise cancelling earbuds work ‘as well as Apple Airpods’

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            Tech fans rush to buy £30 Acer Chromebook tablet that is ‘perfect for work and play’

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            Apple fans rush to buy MacBook for only £99 after 54% price slash

          • Health
            Jessie J postpones UK tour and cancels US gigs amid ongoing cancer battle

            Jessie J postpones UK tour and cancels US gigs amid ongoing cancer battle

            Boots protein powder shoppers say ‘takes away cravings and cuts bloating’

            Boots protein powder shoppers say ‘takes away cravings and cuts bloating’

            Changing the way you walk could help knee arthritis and delay surgery

            Changing the way you walk could help knee arthritis and delay surgery

            Nicotine pouches packaged like kid’s sweets sold in Glasgow shop

            Nicotine pouches packaged like kid’s sweets sold in Glasgow shop

            Tesco recalls popular beauty and skincare product over nasty infection risk

            Tesco recalls popular beauty and skincare product over nasty infection risk

          • Entertainment
            DWP warning to people on State Pension, PIP or other benefits using a mobile phone

            DWP warning to people on State Pension, PIP or other benefits using a mobile phone

            DWP urges people in their 60s to check State Pension age before changes start next year

            DWP urges people in their 60s to check State Pension age before changes start next year

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            ‘Attractive’ £100 fire pit that’s ideal for long summer nights drops to £44

            Triple drawer air fryer that ‘cooks to perfection’ gets £40 price slash in limited time sale

            Triple drawer air fryer that ‘cooks to perfection’ gets £40 price slash in limited time sale

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            Sainsbury’s ‘gorgeous’ £25 jacket shoppers say is ‘good for all weather’

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            The top state schools in Wales for GCSE results

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            Swansea schools beat Wales average for A-level results

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            Of the 67 paramedics trained in Wales this year, only 20 have been given jobs

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            Schoolgirl achieved something incredible and made everyone proud

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          The global picture on entrepreneurship activity

          by Albert K. Martin
          February 20, 2022
          in Opinion
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          For the last 23 years the Global Entrepreneurship Monitor (GEM) has been collecting data on entrepreneurial activity in order to inform politicians, policymakers and businesses as to the best way to increase entrepreneurial activity around the world.

          As we begin to slowly emerge from the economic downturns of the last two years caused by the Covid-19 pandemic, it is becoming clear that support in entrepreneurship is vital in not only creating employment and increasing prosperity but in meeting the economic, social and environmental challenges that the World will be facing as countries adapt to the new normal.

          This year’s annual report from GEM is an important marker in identifying where we are in terms of entrepreneurial activity but also where we should focus our efforts in the future.

          As well as an in-depth early morning newsletter, we will be sending out regular breaking news email alerts. To sign up to this service CLICK HERE

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          And, follow us on LinkedIn to catch the latest stories and to network with the Welsh business community.

          Through interviewing 150,000 individuals in 50 economies that make up two thirds of the world’s economic output, the study not only provides information on the numbers starting and managing a new business but also paints a picture of which motivations, intentions and attitudes can lead to greater entrepreneurial activity.

          More importantly, there are a number of important findings from this year’s report which are critical in enlightening policymakers on those trends that can positively influence entrepreneurship, and which can also inform them on the actions that need to be taken in the light of a post Covid recovery.

          As well as an in-depth early morning newsletter, we will be sending out regular breaking news email alerts. To sign up to this service CLICK HERE

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          And, follow us on LinkedIn to catch the latest stories and to network with the Welsh business community.

          First of all, the report reinforces the finding from previous GEM reports that attitudes within the population can affect levels of entrepreneurship.

          In particular, it again highlights a number of key influences that can stimulate to new business creation including observing other people in their own communities starting businesses, being able to spot business opportunities, and having confidence in their own ability to start a business. Reinforcing and strengthening these attitudes will be key in encouraging greater entrepreneurial activity in every nation.

          Unfortunately, a fear of failure in starting a business can constrain individuals from taking the step into working for themselves and, according to the report, this is largely due to the business environment into which new startups are born.

          Fortunately, policymakers can minimise this by creating a conducive entrepreneurial framework which includes raising awareness of previous failures by highly successful entrepreneurs and reducing the costs of exiting a business.

          As with previous studies, it is not surprising to find that in most economies around the world, men are more likely to start new businesses than women, younger people are more likely to do so than older people, and graduates are more likely to start a business than non-graduates.

          This again suggests that if levels of entrepreneurial (and therefore economic) activity are to increase, then policymakers must adopt a more inclusive approach to target under-represented groups – such as women or older people – so that the potential of all parts of society is maximised

          In terms of the influence of the Covid pandemic on entrepreneurship since 2020, GEM suggests that the pandemic has actually made it more difficult to start a business across the world although the proportion of entrepreneurs making this sentiment has decreased in 2021 in comparison to the previous year which probably is down to the reopening of economies during the last year.

          This increased positivity is also reflected in the fact that there are a greater proportion of respondents who feel that the pandemic has led to new business opportunities. Despite this, the report suggests that, with few exceptions, the level of entrepreneurial activity across the World between 2019 and 2021 has generally fallen with only a few exceptions.

          As many studies have shown, new businesses create the majority of new jobs in an economy. Given this, the finding that over half of those starting a business in 2021 expected to be only employing themselves is a worrying trend although this may reflect that some of these businesses have been created because the founders had no other alternatives during the economic downturn. Nevertheless, it suggests that there needs to be greater effort in ensuring that more startups are given the support to scale-up to boost employment opportunities.

          A more positive trend is that new entrepreneurs are more likely to use digital technologies which probably reflects the movement towards more online working from home during the pandemic. The GEM report also found that the majority of entrepreneurs have considered the environmental implications in the way they do business which is good news for the global drive towards net zero over the next three decades.

          Therefore, entrepreneurship remains a major contributor to economic activity across the world despite the various pressures on both individuals and businesses caused by the pandemic.

          More relevantly, if we are to fully realise the talents and drive of those entrepreneurs who are becoming more digitally and environmentally aware, then there must be a range of policy measures – such as reducing the fear of failure within societies across the world and developing instruments to encourage more inclusive entrepreneurship – to ensure that the entrepreneurial potential of everyone is maximised to drive forward the recovery of the global economy.

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