Small Business Research and Statistics

The State of Entrepreneurship in Canada

February 2010



Report Summary:
The Small Business Branch has produced, in collaboration with professors Eileen Fischer (York University) and Rebecca Reuber (University of Toronto), a report that provides a portrait of the state of entrepreneurship in Canada. It charts entrepreneurial activity in Canada over time and compares it with leading countries. Entrepreneurial performance indicators observed include: birth and death rates, survival rates, high-growth firms and gazelles, and research and development expenditures. Furthermore, the report provides a profile of the owners of Canadian small and medium-sized enterprises (SMEs) because important entrepreneurial activity takes place within these firms. Finally, the report identifies areas of strength, areas for improvement, and important areas that cannot currently be addressed.


Compiled for Industry Canada by
Eileen Fisher, Schulich School of Business, York University
Rebecca Reuber, Rotman School of Management, University of Toronto

Chris Parsley, Manager
Sonja Djukic, Economist
Small Business Branch
Industry Canada

Table of Contents

Executive Summary

1. Introduction

2. What is Entrepreneurship?

3. Measuring Entrepreneurial Activity

4. An Overview of Canada's Entrepreneurial Performance
5. How Does Canada Compare with Other Countries?
6. Profile of Small and Medium-Sized Enterprise Owners and how they Finance their Businesses
7. Conclusions
Bibliography



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