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Entrepreneurial incentives in early stage business in Taiwan 2017

This statistic displays the results of a survey asking entrepreneurs in Taiwan about their motivation for early-stage entrepreneurial activity as of June 2017. During the survey period, almost 85 percent of the respondents replied that they started their own business out of an opportunity.

Motivation for early-stage entrepreneurial activity in Taiwan as of June 2017

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Source

Release date

April 2018

Region

Taiwan

Survey time period

April to June, 2017

Number of respondents

2,000+ adults

Age group

18-64 years

Special properties

Based on 2017 GEM adult population survey

Method of interview

Questionnaire

Supplementary notes

< Definitions of listed indicators according to the source >
- Necessity-driven:
percentage of the population aged 18–64 years who have started a business out of necessity because they had no other option.
- Opportunity-driven:
percentage of the population aged 18–64 years who have started a business out of an opportunity.

The survey data shows that 13 percent of the total respondents reported to be involved in early stage of entrepreneurial activity, either in the process of starting a business or already started a business which is less than 42 months old.

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