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  DLSU-ANGELO KING INSTITUTE FOR ECONOMIC AND BUSINESS STUDIES
Entrepreneurship in the Philippines: 2013 Report Launch ​
September 5, 2014, Roof Deck, Henry Sy Sr., Hall, De La Salle University


Executive Summary
The Philippines conducted a study on entrepreneurship using the Global Entrepreneurship Monitor (GEM) framework in 2013. The study surveyed 2,500 adults, aged 18-64 representing  the 17 regions in the country. The survey described the entrepreneurship indicators in the country in terms of entrepreneurial attitude , activity, and aspiration of Filipinos. The entrepreneurial factor conditions that act as drivers or barriers to entrepreneurship were identified through survey of 39 experts representing entrepreneurs, policy makers, professionals, and socio-civic organizations. Results of the study for the Philippines were also compared to the different economies that participated in the GEM 2013 global study on entrepreneurship.
In 2013, approximately 18.5 million Filipinos are starting or running a new business while close to 6.6 million Filipinos are engaged in business for at least 3 ½ years. The Philippines exhibits the highest rate of business start-up in Asia Pacific and South Asia Region. On the other hand, the country has the highest  business discontinuance rate. Majority of the entrepreneurs in the Philippines are driven by necessity given the high unemployment rate and few job opportunities in the country.
Entrepreneurship is seen by the Philippine society as a reliable means to improve one’s economic and social standing. This social and cultural orientation serves as one of the major drivers promoting entrepreneurship. The large domestic market with high consumer spending as well as good education and training also drives the population to engage in entrepreneurial activities.
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Program
Entrepreneurship in the Philippines:  2013 Report

Contact

DLSU-Angelo King Institute for Economic and Business Studies (DLSU-AKI)
Room 223, St. La Salle Hall
​2401 Taft Avenue, Manila 0922
​Philippines
Tel:  +63-2-524-4611 loc. 287, +63-2-524-5333
Fax:  +63-2-524-5747
E-mail:  aki@dlsu.edu.ph​

Affiliated Office

Community-Based Monitoring System (CBMS) Network Office
10th Floor Angelo King International Centre
Estrada Corner Arellano Streets, Malate
Manila 1004, Philippines
Tel:  (632) 526-2067  or (632) 230-5100 loc. 2461
Fax : (632) 526-2067
E-mail:  cbms.network@gmail.com

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DLSU-School of Economics
Room 221, St. La Salle Hall
​2401 Taft Avenue, Manila 0922
​Philippines
Tel: (632) 524-4611  loc. 380
Fax : (632) 526-4905
E-mail:  deansoe@dlsu.edu.ph
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