Tecnológico de Monterrey coordinated the investigation in Mexico for the Global Entrepreneurship Monitor 2020/2021 Global Report.
By INSTITUTIONAL COMMUNICATION | EGADE BUSINESS SCHOOL
At present, the world is experiencing diverse adverse effects in different areas due to the COVID-19 pandemic.
The Global Entrepreneurship Monitor (GEM) recently published its 2020/2021 Global Report results, which analyzes how this situation has impacted the entrepreneurial ecosystem worldwide.
This edition of the GEM report was carried out in 44 countries, including Mexico, employing a unified methodology refined across more than 20 years.
The methodology assesses the entrepreneurial ecosystem in the financing, government policies and programs, entrepreneurship education, technology transfer, commercial and professional infrastructure, internal market openness, physical infrastructure, and social and cultural norms.
Through a survey, which, this year, enjoyed the participation of over 317 experts in Mexico, the study evaluated the countries through the National Entrepreneurship Context Index (NECI).
In 2020, Mexico’s NECI score was 4.1 (on a scale of 1 to 10), down from 4.72 in 2019, placing it 33rd among the 44 participating countries.
In our country, the GEM study has been coordinated from the beginning, in 2001, by Tecnológico de Monterrey.
During 2020, the national team in charge of this effort was made up of José Ernesto Amorós, National Director of Doctoral Programs at EGADE Business School, and Elvira Naranjo Priego, a researcher from the Tec de Monterrey School of Social Sciences and Governance, among other professors and researchers.
“Entrepreneurship is not an isolated phenomenon. Apart from personal characteristics and motivations, the conditions of the environment play a fundamental role in fostering the creation of new businesses and their medium- and long-term success. In this research, we discovered that one of the major areas of opportunity for our country to promote a more favorable entrepreneurial ecosystem lies in reinforcing government policies and programs to support entrepreneurship,” Amorós explained.
Regarding Mexico’s NECI results, Naranjo Priego mentioned that “they also invite Mexico to underpin entrepreneurship education at the school level, while, as a country, we consolidate our outstanding aspects, such as infrastructure and education for entrepreneurship at the high school level, both of which are factors that connect us with other latitudes and generate the exchange of ideas to foster innovation.”
The researchers stated that the great challenge for the future of entrepreneurship in Mexico is to achieve a public-policy design that will facilitate business and create and formalize new companies.
They also indicated that transforming social perceptions of entrepreneurial activity will be key to achieving an environment that encourages public-private cooperation in a joint effort to reactivate the country’s economy.
Download and read the full report here:
https://www.gemconsortium.org/file/open?fileId=50691
ABOUT GEM
Global Entrepreneurship Monitor (GEM) is a major international research project which analyzes the propensity of a country’s population to engage in entrepreneurial activities.
To date, GEM is one of the few academic projects to provide, systemically and annually, internationally comparable harmonized data.
This project was founded in 1997 by researchers from London Business School and Babson College. The initial GEM study comprised a group of 10 countries, being published in 1999.
Since then, GEM has transformed into a consortium of over 70 national teams.