Entrepreneurial Behaviour and Attitudes
- Taiwan 2017
- Taiwan 2016
- Global Average
- Regional Average
- Economic Development Level Average
Self-Perceptions
- Perceived Opportunities RatePercentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who see good opportunities to start a firm in the area where they live
- Perceived Capabilities RatePercentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who believe they have the required skills and knowledge to start a business
- Fear of Failure RatePercentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who indicate that fear of failure would prevent them from setting up a business
- Entrepreneurial Intentions RatePercentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who are latent entrepreneurs and who intend to start a business within three years
Activity
- Total early-stage Entrepreneurial Activity (TEA)Percentage of 18-64 population who are either a nascent entrepreneur or owner-manager of a new business
- Established Business Ownership RatePercentage of 18-64 population who are currently an owner-manager of an established business, i.e., owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than 42 months
- Entrepreneurial Employee Activity RateRate of involvement of employees in entrepreneurial activities, such as developing or launching new goods or services, or setting up a new business unit, a new establishment or subsidiary
Motivations
- Motivational IndexPercentage of those involved in TEA that are improvement-driven opportunity motivated, divided by the percentage of TEA that is necessity-motivated
Gender Equity
- Female/Male TEA RatioPercentage of female 18-64 population who are either a nascent entrepreneur or owner-manager of a 'new business', divided by the equivalent percentage for their male counterparts
- Female/Male Opportunity-Driven TEA RatioPercentage of those females involved in TEA who (i) claim to be driven by opportunity as opposed to finding no other option for work; and (ii) who indicate the main driver for being involved in this opportunity is being independent or increasing their income, rather than just maintaining their income, divided by the equivalent percentage for their male counterparts
Impact
- High Job Creation Expectation RatePercentage of those involved in TEA who expect to create 6 or more jobs in 5 years
- Innovation RatePercentage of those involved in TEA who indicate that their product or service is new to at least some customers AND that few/no businesses offer the same product
- Business Services Sector RatePercentage of those involved in TEA in the 'Business Services' sector - Information and Communication, Financial Intermediation and Real Estate, Professional Services or Administrative Services, as defined by the ISIC 4.0 Business Type Codebook
Societal Values
- High Status to Successful Entrepreneurs RatePercentage of 18-64 population who agree with the statement that in their country, successful entrepreneurs receive high status
- Entrepreneurship as a Good Career Choice RatePercentage of 18-64 population who agree with the statement that in their country, most people consider starting a business as a desirable career choice
Entrepreneurial Framework Conditions
Most recent data: 2017Expert Ratings: 1 = highly insufficient, 5 = highly sufficient