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Data on entrepreneurship |
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According to a report issued by the Foundation for Economic and Industrial Research (www.iobe.gr), in 2005 6.5% of the Greek population aged 18-64 was engaged in the early stages of establishing a business (including self-employment). This group includes both persons who had made some preliminary steps in the direction of establishing a business (prospective entrepreneurs) and those who had established a business and had paid salaries/wages for at least 3 months but for less than 42 months (new entrepreneurs). With this percentage, Greece ranks in the middle of the relevant scale among 35 countries and fifth between 20 European countries.
As compared to 2004, when the relevant figure was estimated at 5.8%, there is a significant increase in the launching of entrepreneurship in Greece owing mainly to the rise in the number of prospective entrepreneurs.
In 2005 “opportunity entrepreneurship” was further increased in contrast to the “out-of-necessity entrepreneurship”. This means that the motive that drove most persons in this decision was spotting a business opportunity that they seek to take advantage of. Only 14.2% of the persons reported that they were forced to take such an action, because of lack of other alternatives or of dislike of employment up till then, whereas the relevant percentages for 2004 and 2003 were 28% and almost 40% respectively.
Only 6.74% of prospective and new entrepreneurs consider they offer totally new products and services to their target clientele. The relevant average for GEM and other European countries is in the region of 13%.
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