EEE 370 Study Guide - Midterm Guide: Global Entrepreneurship Monitor, Small Business, Online Advertising
1 Apr 2019
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Document Summary
Small entrepreneurial firms are responsible for over two- thirds of all innovations in the. Over 97% of all us exporters are small busineses with fewer than 500 employees. Small business: fewer than 500 employees; have generated 60 to 80 percent of net new jobs annually over the last decade. Mid-sized and small firms account for 99 percent of the total number of registered companies in china. Gem annual study: global entrepreneurship monitor; citizens of 54 countries are surveyed annually to determine entrepreneurial intensity around the world. Entrepreneurship: the process of creating value by bringing together unique combination of resources to exploit an opportunity. Process: a chain of events that take place over time. Creating value: to move beyond invention and create new sources or forms of value. Unique combination: new products or services, new markets, new production processes, new raw materials, new distribution methods, enw packaging, new ways of organizing existing technologies.
