New Zealand entrepreneurs: leading for excellence Online publication date: Tue, 10-Mar-2009
by R. Helen Samujh
World Review of Entrepreneurship, Management and Sustainable Development (WREMSD), Vol. 5, No. 2, 2009
Abstract: New Zealand (NZ) has been proclaimed as a leader in entrepreneurship by the Global Entrepreneurship Monitor (GEM) assessment. This paper links GEM findings to results from a NZ-based survey of micro-business operators and identifies factors that explain why NZ is a leader in the Entrepreneurship rating. NZ entrepreneurs are largely opportunity seeking: they want to be their own boss and are interested in the growth. They are relatively well-educated and are supported by well developed business infrastructures and support agencies. However, what directly contributes to the high propensity to set-up new businesses is not clear.
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