Entrepreneurship and Gem Methodology

Running head: ENTREPRENEURSHIP AND GEM METHODOLOGY
Entrepreneurship and Gem Methodology
Name of the university
Name of the student
Author note

1ENTREPRENEURSHIP AND GEM METHODOLOGY
Executive summary
The purpose of this assignment is to highlight the entrepreneurship activities at grassroots
level of Austria and to examine the utility of GEM methodology as an effective tool of
strategic development for improving Government functions. This report has considered
global report of GEM 2016-2017 and GEM country reports to understand its function and
purpose. Austrian entrepreneur Martin Roscheisen was the first one to pursue business by
selling internet channels and to research on energy efficient technology. His contribution is
famous in field of Silicon Valley and he is inspiration of various small and medium
entrepreneurs who have aspiration to launch solar energy in commercial level. The profile is
relevant in a market where customers are becoming more concerned for environment issues.
The report has covered a collective reflective view over such a promising
entrepreneurship profile and his contribution in country’s economy. Further, consulting GEM
technology three measures have been recognised for the chosen business model and
activities. Further, the feasibility of those measures and the reason behind choosing such
measures have been checked for giving them best support. A series of recommendation has
been included for the government in order to help the business for improving operations
within country and in international market as well. Relevant measures have been mentioned
in terms of monitoring countries economic and social progress based on entrepreneur’s
contribution in it. Besides, the governing body has been encouraged with some suggestions to
identify both the short and long term policies to offer the entrepreneur bespoke environment
for conducting business in Austria.