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Entrepreneurial activity participation in Taiwan 2020, by business stage

Share of entrepreneurs in Taiwan as of September 2020, by phase of business

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Source

Release date

May 2021

Region

Taiwan

Survey time period

July to September, 2020

Number of respondents

2,000+ adults

Age group

18-64 years

Special properties

Based on 2020 GEM adult population survey

Method of interview

Questionnaire

Supplementary notes

< Definitions of listed indicators according to the source >
- Nascent entrepreneurship rate:
percentage of the population aged 18–64 years that have started a business that is less than 4 months old and that has not paid salaries or wages.
- New business ownership rate:
percentage of the population aged 18–64 years that have started a business that is between 4 and 42 months old and is paying salaries or wages.
- Total early-stage entrepreneurial activity (TEA) rate:
percentage of the population aged 18-64 years who are in the process of starting a business or already started a business (a nascent entrepreneur or owner-manager of a new business) which is less than 42 months old.
- Entrepreneurial employee activity (EEA) rate:
percentage of the population aged 18–64 years who as employees have been involved in entrepreneurial activities such as developing or launching new goods or services, or setting up a new business unit, a new establishment or subsidiary.
- Established business ownership rate (EB):
percentage of the population aged 18–64 years who are currently an owner manager of an established business, i.e. owning and managing a running business that has paid salaries, wages or any other payments to the owners for more than 42 months.
- Discontinuation of businesses rate:
percentage of the population aged 18–64 years that have discontinued a business in the past 12 months, either by selling, shutting down or otherwise discontinuing an owner/management relationship with the business.

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Statistics on "Startups in Taiwan"

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