The Irish Report of the Global Entrepreneur Monitor (GEM) for 2004 shows that the level of entrepreneurial activity in Ireland remains to the fore among European countries and is second only to Poland among the participating EU member states.
However, the monitor shows that there is still a gap between Europe and other high income OECD countries such as the US, Canada and Australia.
Interviewees for the study highlighted culture as the most significant factor in creating an environment conducive to entrepreneurial activity in Ireland.
The 2004 research shows that the number of women early stage entrepreneurs increased from the previous year to 5% from 3.7%. However, the proportion of women who have set up new businesses here is low compared to the number of men and is also low compared to the percentage of women starting up their own businesses in other high income countries.
Launching today's report, which is sponsored by Enterprise Ireland and InterTrade Ireland, the Minister for Enterprise, Trade and Employment said that it confirmed that the enterprise culture in Ireland remains strong.
'Choosing to start a business is regarded in a highly positive light and we have the support structures in place to encourage further growth through Enterprise Ireland and the County Enterprise Boards,' Minister Micheal Martin said.
He said that in terms of regional development, it is key that entrepreneurs emerge in all regions across the country.
