ACCORDING to the Global Entrepreneurship Monitor (GEM) 2012, Singapore is second - just behind the US - in terms of entrepreneurial activity among 25 selected innovation-driven economies in the world.
The study carried out by Nanyang Technological University is part of a wider global study led by GEM, a consortium of universities in 69 countries. A survey of 2,000 Singapore residents found that 11.6 per cent of respondents had set up a business in the past 3.5 years or were in the process of starting a new venture, compared with 6.6 per cent in 2011.
To read the original article: Singapore second in entrepreneurship
