"Entrepreneurship is an essential driver of societal health and wealth. It is also a formidable engine of economic growth. It promotes the essential innovation required not only to exploit new opportunities, promote productivity, and create employment, but to also address some of society’s greatest challenges, such as the United Nations Sustainable Development Goals (SDGs) or the economic shock wave created by the COVID-19/coronavirus pandemic. The promotion of entrepreneurship will be central to multiple governments worldwide for the foreseeable future, especially considering the significant negative impacts on economies due to the pandemic. Governments and other stakeholders will increasingly need hard, robust and credible data to make key decisions that stimulate sustainable forms of entrepreneurship and promote healthy entrepreneurial ecosystems worldwide. During its 22 years of existence, Global Entrepreneurship Monitor (GEM) has repeatedly contributed to such efforts. For example, in this report, GEM is — as it has after other crises — providing policymakers with valuable insights on how to best foster entrepreneurship to propel growth and prosperity once again."
"The year 2020 has been incredibly challenging for the global community. The spread of the novel coronavirus, known as COVID-19, has led to an unparalleled health crisis in countries across the world. The crisis has had unprecedented and serious impacts on all aspects of how people communicate, work, produce, trade, consume and live. The economic ramifications of the pandemic quickly became apparent, and small and medium sized enterprises (SMEs) have been on the front lines. With workers and customers staying indoors, and supply chains tested by shutdowns, the small companies that provide 70% of jobs in countries around the world and about half of economic activity have been put under stress."
"O estudo aproxima o conceito usado pela ANDE de “Pequenas Empresas em Crescimento” ou “Small and Growing Businesses” dos conceitos praticados aqui no Brasil pelo BNDES, IBGE, Receita Federal e Sebrae no setor de empreendedorismo. Além disso, apresenta exemplos de SGBs alinhadas às áreas foco da ANDE, bem como de organizações de apoio ao empreendedorismo no Norte e Nordeste e com foco em periferias, para ilustrar o rico universo deste campo empresarial em regiões onde a ANDE tem interesse específico."
"Many small firms lack the finance and marketing skills needed for firm growth. The standard approach in many business support programs is to attempt to train the entrepreneur to develop these skills, through classroom-based training or personalized consulting. However, rather than requiring the entrepreneur to be a jack-of-all-trades, an alternative is to move beyond the boundary of the entrepreneur and link firms to these skills in a marketplace through insourcing workers with functional expertise or outsourcing tasks to professional specialists. A randomized experiment in Nigeria tests the relative effectiveness of these four different approaches to improving business practices. Insourcing and outsourcing both dominate business training; and do at least as well as business consulting at one-half of the cost. Moving beyond the entrepreneurial boundary enables firms to use higher quality digital marketing practices, innovate more, and achieve greater sales and profits growth over a two-year horizon."
"Today India, and the world, finds itself in the unenvious position of enduring two major economic recessions in a span of 10-12 years, unprecedented in modern history. In the aftermath of COVID-19, which has hit the small enterprise sector the hardest, where a majority of women-led ventures are recorded, it has become imperative to actively find avenues to encourage sustainable growth. This report delves deep into the various factors and circumstances inhibiting the growth of women-led enterprises, and further explores how women entrepreneurship can be encouraged while also being a force of change. Through various articles mentioned in this collection, which are based on original research studies conducted in this area during the pandemic, we seek to provide a snapshot of the existing obstacles, but also the way forward in promoting women entrepreneurship, which can be a major contributor in the socio-economic recovery of India."
"Globally, the literature on public sector experiences with GRP is limited. This report aims to contribute to the current knowledge base on how governments can better support women entrepreneurs and WLBs who seek to sell to the government. Most of the examples and case studies in this report come specifically from Chile, the Dominican Republic, and the City of Buenos Aires, which have developed GRP programs and are at different stages of implementation."
"The Gender Equality Scorecard© (GES©) Manual is the collective effort built upon SEAF’s work on the GES©, a tool SEAF developed to assess women’s economic empowerment and gender equality within growth-orientated small and medium-sized enterprises (“SMEs”). The GES© Manual provides clear guidance on how to utilize the tool and objectively score a company when assessing it’s demonstrated commitment to gender equality through six gender equality performance vectors."
"Aid agencies and governments spend more than a billion US$ on entrepreneurship training annually. What have we learned about the effectiveness of training? We review research on entrepreneurship training. Classroom-based training remains the most popular method of training owners and managers of small firms. A meta-analysis shows that the standard training model has modestly positive effects, on average, though the effects imply reasonably high returns on investments in training, given low costs per participant. Innovation on this basic training model has increased in recent years, particularly with regard to content. Both personal initiative and rule-of-thumb training show promise for subsistencelevel enterprises. Individual consulting has shown significant positive effects for larger enterprises, but the model is expensive and markets for consulting do not appear to work well. Selection is important, particularly in matching the type of training with the type of enterprise. There are several seemingly promising approaches to training where definitive evidence is lacking. For example, Kaizen approaches and Incubators and accelerators both appear to have positive effects, though the evidence is limited and, in the case of accelerators, it is unclear as yet whether the effects come primarily from selection or from the content of the programmes themselves."
"This issue brief is a part of a series formulated by the Aspen Network of Development Entrepreneurs (ANDE) India chapter. It aims to contextualise the findings and strategy regarding our key urgent issues and the small and growing business (SGB) sector outlined in ANDE’s globally focussed issue brief, Climate and Environmental Action in the SGB Sector, at a regional level. This brief is a starting point for conversations on environmental action and is meant to help shape ANDE India’s strategy for the region. This is not meant to serve as an exhaustive collection of the research/literature on the topic, and proxy data points have been used to best represent the state of the SGB sector."
"As an output of the ANDE SGB Finance Learning Lab, ANDE India and Asha Impact have collaborated, with the support of SAP and platform partner UNDP SDG Finance Facility, to put together this playbook on Social Success Notes. SSNs are innovative financing mechanisms that aim to leverage commercial capital for social good. Aiming to be a functional tool for the entrepreneurial ecosystem, this playbook addresses the why, what and how of SSNs, along with a few case studies, challenges and opportunities revolving around these nascent financing tools. Especially in times of crisis, instruments such as SSNs have the potential to improve the efficacy of philanthropy and government spending. The playbook has been developed for impact investors, social entrepreneurs, outcome funders and other players in the impact ecosystem."