Abstract
The paper investigates the current status of entrepreneurial environment in Shenzhen based on Global Entrepreneurship Monitor (GEM) model. Through expert interviews, I analyze nine aspects of entrepreneurial environment of Shenzhen and compare them with other GEM data. These aspects include financial support, government policies, government programs, education and training, research and development transfer, commercial and professional infrastructure, access to physical infrastructure, market openness and cultural and social norms.
Highlights
Entrepreneurial activities are accelerating economic development of Shenzhen
The paper uses global countries (Global) Entrepreneurship Monitor (GEM) model to evaluate the current status of entrepreneurial environment in Shenzhen
The Global Entrepreneurship Monitor (GEM) research was started by London Business School and Babson College and has been expanded to 56 countries
Summary
The paper uses Global Entrepreneurship Monitor (GEM) model to evaluate the current status of entrepreneurial environment in Shenzhen. The Global Entrepreneurship Monitor (GEM) research was started by London Business School and Babson College and has been expanded to 56 countries. This paper selected 30 experts to fill out the expert questionnaire. These experts are from government, enterprises, financial institutions and educational institutions. The expert questionnaire covers nine aspects of environmental conditions including financial support, government policies, government programs, education and training, research and development transfer, commercial and professional infrastructure, market openness, access to physical infrastructure and cultural and social norms. Shenzhen GEM indicators are compared one by one with the indicators of Shanghai, the average of main China cities (China), the average of global countries (Global). The data of Shanghai, China and Global used in this paper are from Yang Ye & Yu Yan. (2007)
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