New business ownership rate refers to the percentage of 18-64 population who are currently an owner-manager of a new business, i.e., owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than three months, but not more than 42 months. According to data from the Global Entrepreneurship Monitor, in 2020, the new business ownership rate in India was 5.5 percent.
New business ownership rate in Asia in 2020, by country
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GEM. (May 3, 2021). New business ownership rate in Asia in 2020, by country [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/315412/new-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM. "New business ownership rate in Asia in 2020, by country." Chart. May 3, 2021. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/315412/new-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM. (2021). New business ownership rate in Asia in 2020, by country. Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/315412/new-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM. "New Business Ownership Rate in Asia in 2020, by Country." Statista, Statista Inc., 3 May 2021, https://www.statista.com/statistics/315412/new-business-ownership-rate-in-asia-pacific-and-south-asia/
GEM, New business ownership rate in Asia in 2020, by country Statista, https://www.statista.com/statistics/315412/new-business-ownership-rate-in-asia-pacific-and-south-asia/ (last visited October 04, 2024)
New business ownership rate in Asia in 2020, by country [Graph], GEM, May 3, 2021. [Online]. Available: https://www.statista.com/statistics/315412/new-business-ownership-rate-in-asia-pacific-and-south-asia/