In 2019, the Khalifa Fund for Enterprise Development partnered with the UAEU and the Global Entrepreneurship Monitor to study the Abu Dhabi regional entrepreneurial ecosystem, with the goal to benchmark it against other regions worldwide and develop data to guide policy making and practice.
The GEM ENTREPRENEURIAL ECOSYSTEM INDEX (ESI) report highlights Abu Dhabi's commitment to entrepreneurship and innovation.
The Emirate leadership has increasingly invested in various programs and incentives to attract talents, support R&D activities, and create the ecosystem conditions for entrepreneurs to thrive and contribute to Abu Dhabi’s vision of building a knowledge economy.
Overall, the Emirate is a favorable environment to develop innovative and high growth entrepreneurship. In particular, its physical infrastructure, culture, talent, networking, and demand stand out as its strengths. However, to improve the entrepreneurial ecosystem, stakeholders need to pay attention to the financing, formal institutions, leadership, support services, and knowledge.
What is Global Entrepreneurship Monitor (GEM)?
GEM is a consortium of national country teams, primarily associated with top academic institutions, that carries out survey-based research on entrepreneurship around the world. GEM is the only global research source that collects data on entrepreneurship directly from individual entrepreneurs.
GEM reports provide comprehensive information on entrepreneurial topics and regions thanks to a wide set of indicators on entrepreneurship; and the GEM-ESI report studies the most important variables and factors which make up a thriving ecosystem, such as: networking, leadership, financing, talent, knowledge, support services, institutions, culture, infrastructure, and demand.
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