August 2, 2018
Entrepreneurship and innovation have become activities that are considered to be key factors to improve productivity and economic development in Chile. Over the years different governments have focused policy measures and support to foster entrepreneurship. In this way, GEM plays the role of being the only comprehensive and longitudinal study regarding these issues.
Each year the Ministry of Economics attends the launch of the GEM report, though it is difficult to categorically link GEM with actionable government policies. The primary concern and initiative of policymakers was the need to improve regulations and hence GEM could have played a role in validating the importance of moving forward and changing things in the country.
Over the last decade a significant number of regulations have been implemented, covering a wide variety of topics related to entrepreneurship and innovation ranging from making it easier to start and close a business, seed capital, funding venture capital, vouchers for innovation, tax credits and R& D incentives to name a few.
Stakeholders who use GEM
GEM is used by scholars involved in academic research in the field of entrepreneurship especially at the Universidad del Desarrollo (UDD) where a number of papers have been published in world renowned academic journals.
This is a shortened version of a chapter that first appeared in the publication The Influence of GEM on Policy 2017/18.
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