NewsWhore
06-24-2009, 12:50 PM
According to the Global Entrepreneurship Monitor, under the London School of Business and the Babson College report that entrepreneurship in the DR is at 20.4% in 2008, one of the highest in the GEM's 43-country ranking. In 2007, the level was 16.8%.
As reported in Listin Diario, a fifth of Dominicans has started a business in the past three years.
The level of entrepreneurship in the DR almost doubles that in the US.
Guillermo Van Der Linde, dean of the School of Social and Business Sciences at the PUCMM university says, "One has to remember that there is entrepreneurship to make the most of opportunities, and entrepreneurship as a last resort."
Van Der Linde says that 90% of the businesses that fail is because of a lack of correct costing. He said that for example, most entrepreneurs know how to make the best meal or beverages, but they do not know how much they need to charge to reach their break-even point.
Van Der Linde says that in the DR, only 2.8% of entrepreneurs have university level education, while 71.5% had some years of high school education.
See www.gemconsortium.org (http://www.gemconsortium.org)
More... (http://www.dr1.com/index.html#8)
As reported in Listin Diario, a fifth of Dominicans has started a business in the past three years.
The level of entrepreneurship in the DR almost doubles that in the US.
Guillermo Van Der Linde, dean of the School of Social and Business Sciences at the PUCMM university says, "One has to remember that there is entrepreneurship to make the most of opportunities, and entrepreneurship as a last resort."
Van Der Linde says that 90% of the businesses that fail is because of a lack of correct costing. He said that for example, most entrepreneurs know how to make the best meal or beverages, but they do not know how much they need to charge to reach their break-even point.
Van Der Linde says that in the DR, only 2.8% of entrepreneurs have university level education, while 71.5% had some years of high school education.
See www.gemconsortium.org (http://www.gemconsortium.org)
More... (http://www.dr1.com/index.html#8)