1. WHAT IT TAKES:
Entrepreneurship stats
THE ELEMENTS OF
ENTREPRENEURSHIP
2. Business report
What does it take to become a successful entrepreneur?
The elements of the entrepreneurial periodic table are
diverse and demanding – perseverance, vision,
confidence, optimism and much more. But their power
is undoubted. If world economies are to recover,
entrepreneurs will be the agents of growth.
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4. Only 39% of
entrepreneurial businesses
have a ‘very good idea’ of
their competitors’
business.
Deloitte Entrepreneurship UK 2009 Report
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5. There are around 4.8 million private sector
enterprises in the UK, employing 22.8 million
people with an estimated combined annual
turnover of £3,200 billion.
stats.bis.gov.uk
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6. A latent pool of hidden
innovators (over 50s, ethnic
minorities, the disabled)
could potentially add £15 billion to
the UK economy by 2012 if the right
conditions were created.
Cass Business School Centre for New
Technologies, Innovation and Entrepreneurship
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7. SME s regard four factors
as equally important
barriers to innovation:
problems in access to
finance, scarcity of
skilled labour, a lack
of market demand
and the high cost of
human resources.
ec.europa.eu
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8. Small and medium-sized enterprises
together account for 99.9% of all UK
enterprises, 59.8% of private sector
employment and 49% of private
sector turnover.
stats.bis.gov.uk
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9. Researchers at MI T found that companies
held by living MI T alumni employed more than
3 million people and did $2 trillion in business
worldwide, equivalent to the 11th-largest
economy in the world.
entrepreneur.com
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10. Women account for around one
in four of all enterprises in the
Slovak Republic.
euractiv.com
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11. Of the 4.7 million UK enterprises,
only 15% are led by women
“Inspiring Women: Corporate best practice in Europe”,
London Business School.
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12. Samoa went from one of the toughest places in
the world to start a business to one of the best —
131st out of 183 to number 20.
online.wsj.com
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13. This report was part of Business Strategy
Review, Volume 22 Issue 1 – 2011
Visit our website
www.london.edu/bsr
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