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Smart Cities Study

Page 43

3. Smart Indicators 3.1 Smart Economy Entrepreneurship. Support for entrepreneurship

Entrepreneurship. Support for entrepreneurship With regard to supporting entrepreneurship, a key factor for the present and future competitiveness of any region, of the 19 cities (3 from Africa, 7 from Latin America, 1 from Asia and 9 in Europe) that responded to the question , 68% have introduced some kind of initiative to support entrepreneurship in order to facilitate the implementation of new business projects in their cities.

In the case of Europe, 89% of European cities that responded to the question have introduced some kind of initiative to support entrepreneurship in their cities. In the case of Asia, Taipei City has also developed some kind of initiative. In Latin America, the percentage is also high, with 71% of cities introducing some line of action

In that sense, we can highlight the high percentage of cities that have developed some kind of action to support entrepreneurship in Europe, Asia and Latin America.

This contrasts significantly with Africa, where none of the cities that responded to the question has developed any kind of action to promote entrepreneurship in their cities. Below are some experiences developed by cities.

Does the city/municipality have an action plan to support citizen entrepreneurship?

No 6 cities 32%

% of cities with an action plan to support entrepreneurship by region

100% 100%

90%

89%

80% 70%

71 %

60% 50% 40%

Yes 13 cities 68%

30% 20%

0%

10% 0%

Africa

Latin America

Asia

Europe

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