Gallup’s Discoveries to What Makes a Great Community
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Copyright © 2010 Gallup, Inc. All rights reserved.
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“If democracy is about the will of the people, shouldn’t someone find out what that will is?” —George Gallup
World Poll Countries
Copyright © 2009-2010 Gallup, Inc. All rights reserved.
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U.S. Center for Citizen Diplomacy
Copyright © 2010 Gallup, Inc. All rights reserved.
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RE:think Everything (apple ‘think different’ youtube video)
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One Way to View the Health of Cairo
Copyright © 2011 Gallup, Inc. All rights reserved.
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Definition of Terms
Great Community – an environment in which talented people want to live and work.
Community Entrepreneurs/ Social Entrepreneurs – Entrepreneur: an individual who proactively seeks to generate value through the expansion of economic activity and who creatively responds to challenges and needs encountered in the process of accomplishing this outcome.
– Community: a social group of any size whose members reside in a specific locality
– Social: of or pertaining to the life, welfare and relations of human beings in a community
to entrepreneurship –
5% of the new firms create 50% of the jobs Copyright © 2009 Gallup, Inc. All rights reserved.
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Gallup’s Entrepreneur Acceleration System (EAS)
Background
Entrepreneurial activity is considered to be the leading driver of development (economic, social, political)– – –
Economic: role of market in achieving sustained increases in living standards Social: provides social mobility, helps develop skills and capabilities Political: source of security and stability, empowers citizens
Focus on the role of Start-ups in the growth of an economy – –
New firms create 39.75% jobs annually 40% of new firms die within first 3 years
Increased R&D expenditure
Support Programs/Business Incubators – –
Increase number & quality of start-ups Bridge the gap between innovation & commercialization
What is missing? Behavioral approach to entrepreneurship –
5% of the new firms create 50% of the jobs
Copyright © 2009 Gallup, Inc. All rights reserved.
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Behavioral Approach
Behavioral economics, simply stated, is an account of variations in human behavior and its impact on economic decision-making. – Assumption: Rational, optimizing behavior – Reality: Incomplete knowledge of all relevant facts, biases, individual reference-points, judgment all this variation impacts subsequent behavior in a business environment and ultimately impacts performance/economic output.
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Gallup EAS
Gallup’s Entrepreneur Acceleration System: –
Sponsors: –
EAS is an initiative geared toward entrepreneurial acceleration and innovation. Economic recovery around the world simply must be driven by survival and expansion of existing entrepreneurs (small & mid size businesses).
EAS is designed for large sponsors such as State and Federal government systems, economic development organizations, Chambers of Commerce, or other non-governmental organizations engaged in sustainable economic development. Entrepreneurs owning small to mid-sized firms (n