Innovators R Us

NZ has been named one of the world’s most entrepreneurial countries for the third year running by the annual Global Entrepreneurship Monitor (GEM). The 41-country UK/US-based survey identified NZ –  alongside Chile, Korea, Venezuela, and Uganda – as having the highest Total Entrepreneurial Activity (TEA) and Firm Entrepreneurship Activity (FEA) rates overall for 2003. Howard Frederick, principal investigator of GEM NZ: “New Zealand’s performance is due to our extraordinary efforts to create new businesses, as well as the high level of innovation and growth among our existing businesses.”