I thought I would share some more research results from this year's Global Entrepreneurship Monitor (GEM) report for Wales study. Globally, GEM study covers 42 countries, interviews over 156,000 adults annually and represents the world’s most authoritative comparative study of entrepreneurial activity. It does this through examining individuals and their role in starting a new firm, whether they own or manage a business, what motivates them, where their finance comes from, and what their attitudes are towards entrepreneurship. Since 2000, when I was awarded the research contract to undertake this work by the Welsh Development Agency, I am proud to say that the study has come a long way. Now financed through a combination of support from Cardiff and Glamorgan Universities, European Structural Funds and Assembly funding, the project has developed into one in which detailed evidence cane be produced to influence policy. This year’s report is the most comprehensive ever, and is testam...