Canada

Canada

Innovation-Driven Economy
Population: 35.8 million
GDP: $1,552.4 billion
GDP Per Capita: $43,332
SME Contribution to GDP: 27%

Canada Reports

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  • Year of publication: 2016
  • Category: National Reports
  • Language: English
  • Upload date: 2017-04-16

  • We believe that this is the first application of GEM methodology to a university population. It was greatly facilitated by the fact that 100% of the population has a known email address. It's main findings were:  Levels of entrepreneurial activity at the university are similar to the Alberta population and among the highest in the developed world.  Interestingly, fewer members of the university community were confident of their skills or the opportunities. “Don’t know” was a common response. This may only mean they were more realistic than the general population.  Levels of “intrapreneurship” are quite high among students and faculty, There is a great deal of innovative activity going on with community partners. The GEM survey offers a systematic measure of this.  All parts of the university were almost equally involved in entrepreneurial activity — health sciences, science and engineering, and social sciences and humanities.  More than 50 per cent of entrepreneurial activity was directed at serving businesses, rather than consumers.  Approximately 30 per cent of initiatives aimed to have 20 or more employees in five years, higher than the rates for Alberta or Canada.  More than 40 per cent of initiatives expected significant export revenues.  Far more initiatives at the university used recent technology than in Alberta as a whole or the rest of Canada.  Initiatives at the U of C are much more innovative than initiatives from Alberta as a whole.  Women participation in entrepreneurship was somewhat less than in the Alberta population, particularly among faculty.
  • URL: http://gemconsortium.org/report/49825
GEM Canada University of Calgary Report 2015-2016
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  • Year of publication: 2016
  • Category: National Reports
  • Language: English
  • Upload date: 2017-07-06

  • As is the case in other developed countries the Canadian population has positive attitudes toward entrepreneurship. It is viewed as a good career choice, and successful entrepreneurs are judged to enjoy high status. Among advanced economies classified as innovation driven by the World Economic Forum, Canada’s TEA rate of 16.7% of respondents is now the highest, followed by those of Australia and the United States. Canada has a rate of employee entrepreneurial activity of 6.5%, placing Canada twelfth among the innovation economies. The TEA rate among women is about 2/3 that of men, which is typical among comparison countries, as it was in 2013 and 2014 In terms of the sectors, 48% of early stage entrepreneurship was in consumer services. In Canada this year the age group with the highest TEA was the 25 - 34, with 22.3%. The rates decline sequentially for the 35 - 44 group, the 45 - 54 group, and the 55 - 64 age group. The TEA rates decline reaches 10.7% among the 55 - 64 cohort. The striking feature of the results of study of TEA rate as a function of education is the fact that rate of entrepreneurial activity in each education cohort (from those with less than secondary through those with secondary diplomas to those with post-secondary credentials, and to those with post graduate experience) rises smoothly.
  • URL: http://gemconsortium.org/report/49847
GEM Canada Report 2016
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GEM Canada 2015 Report - Quebec
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  • Year of publication: 2015
  • Category: National Reports
  • Language: English
  • Upload date: 2016-05-30

  • Canada is very supportive of entrepreneurs. More than 50% of the population believe there is a good opportunity for entrepreneurship in the next 6 months, and almost 50% believe they have the skills and knowledge to start a business. About 10% of startups plan to have 20 or more employees within 5 years. In terms of activity, Canada has the highest TEA rate among the innovation driven economies. Just over 50% of startup activity is in consumer services.
  • URL: http://gemconsortium.org/report/49541
GEM Canada 2015 Report
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  • Year of publication: 2015
  • Category: National Reports
  • Language: English
  • Upload date: 2016-09-28

  • Ontario enjoys one of the highest levels of positive attitudes reported towards entrepreneurship among the innovation-driven economies surveyed. For the first time, Ontario, together with Canada, shows the highest rate of total early-stage entrepreneurial activity (TEA), compared to developed countries in the reference group. In previous years, the US held first place. Ontario entrepreneurs show relatively modest job creation aspirations compared with reference countries. Most Ontario early-stage businesses are in consumer-oriented services, followed by business-oriented services, the transforming (manufacturing) sector and, with the lowest rate, the extractive sector (e.g. mining, agriculture). Ontario TEA ventures also use the very latest technologies at the highest rates (12%) and new technologies available in the last five years (21%), compared to the US and Australia. Canada (12.5%) is also comparable to Ontario. Ontario start-ups are also relatively export-oriented. They lead the reference group with 32.6% indicating having more than 25% of their revenues from outside the country.
  • URL: http://gemconsortium.org/report/49632
GEM Canada 2015 - Ontario
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