BUSEM Bangkok University School of Entrepreneurship and Management GEM Thailand British Council Research Links Thai Research Fund
Imperial College Business School
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Women entrepreneurship conference Bangkok 2015, British Council research links, and Imperial college business school


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David Achtzehn
Dr. David Achtzehn

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'Entrepreneurship in Asia'

Summer University 'Entrepreneurship in Asia' Thailand 2015


Updated 17.06.15

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About GEM Global Entrepreneurship Monitoring

The Global Entrepreneurship Monitor (GEM) Project is the most prestigious observatory on entrepreneurship worldwide.

Founded by Babson College and the London School of Business in 1999, the annual GEM survey measures and characterizes the scope of entrepreneurial activity, comparing it internationally. The 2014 GEM survey covered 73 economies, representing 72.4% of the world’s population and 90% of the world’s GDP.
Source: Global Entrepreneurship Monitor 2014 Global Report, Page 10 http://www.gemconsortium.org/docs/download/3616


Here is what GEM does!


GEM Thailand, exclusively located at BUSEM, is part of the bigger worldwide GEM network.

The GEM Thailand team provides an annual GEM Thailand Report (see below)  with specific information on entrepreneurship in Thailand.

In a global comparison Thailand and Thailand’s entrepreneurial landscape have some outstanding features:

  • gender equality in entrepreneurship (with slightly more women than men involved in entrepreneurial activities);
  • high entrepreneurship rates in all stages of business development, from start-ups to established businesses;
  • the highest rate of established business owners worldwide


Koson Saprasert and Ulrike Guelich


GEM Research Publications

Thailand Research Reports

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2013 GEM Thailand Report


Summary:  The GEM Team at Bangkok University School of Entrepreneurship and Management (BUSEM) have published the to date most comprehensive third GEM report - this time covering 2013.  A specialty is the presentation of YOY, the development year-on-year 2011, 2012 and 2013. New is the comparison of entrepreneurial aspirations and activities in ASEAN 6  (Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam) and 4 East Asian countries (China, Japan, South Korea, Taiwan). Including “wellbeing” as the year’s special topic - and much more. (Download)


2012 GEM Thailand Report

GEM Thailand Report 2012

Summary:  The team at Bangkok University School of Entrepreneurship and Management (BUSEM) have finalized and published the second GEM report - this time covering 2012. The profile of the report focuses on local entrepreneurship topics, in terms of constraints as well as recommendation factors facing entrepreneurs in Thailand - and much more. (Download)


2011 GEM Thailand Report

GEM Thailand Report 2011

Summary: The first GEM report published by the team at Bangkok University focuses on the profile of the Thai entrepreneur. The most noticeable features were a higher than average TEA rate of the Thai female, and a higher participation of females than males in business startups and in operating new businesses. (Download)





Global Research Reports

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2013 GEM Global Report

2013 GEM Global Report

Summary: Entrepreneurs are among the happiest individuals across the globe when it comes to individual well-being and satisfaction with their work conditions according to the GEM 2013 Global Report. The report, launched on 20th January 2014 in Santiago, Chile, marks fifteen years of GEM research. (Download)


2012 GEM Women's Report

2012 GEM Women's Report

Summary: More than 126 million women entrepreneurs were starting or running new businesses in 67 economies in 2012, according to the GEM 2012 Women's Report, the most comprehensive research ever conducted about the entrepreneurial activity of women across the globe. (Download)


2012 GEM Global Report

2012 GEM Global Report

Summary: The GEM 2012 Global Report estimates that nearly half of the world’s entrepreneurs are between the ages of 25 and 44. The survey also reports that, in all geographic regions surveyed, 25-34 year olds showed the highest rates of entrepreneurial activity. (Download)



Other Publications

Forbes (Thailand) May 2015

Hans Michael Guelich in Forbes (Thailand) May 2015

The Business Breeder - Incubator and Accelerator benefit the entrepreneur
“If a small business owner just made one-hundredth of those mistakes and errors committed by great men of history, in ancient times, in mediaeval times, and some say even in this day and age, they would never come out of bankruptcy and prison alive. If bankers towards their clients, doctors towards their patients, husbands towards their wives, parents towards their children, engine drivers towards their passengers, were behaving ‘statesmanlike’, the end of humanity would already be far behind us, thousands of years ago.” (Erich Kaestner)

(Article in English)

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Forbes (Thailand) March 2015

Dr. David Achtzehn in Forbes (Thailand) March 2015

The Entrepreneur, Superman or Villain
Recent years have seen entrepreneurship popularized to new heights. It is now traded as a sort of ‘magic bullet’ to cure all economy problems, as an innovator, a mass employer, a new buzz word for policy makers and educators. Popular media continues to supply the market with start-up success stories. App developers and SEO engineers have replaced astronauts as a top career choice. A new generation of Silicon Valley celebrities is on the rise. The likes of Mark Zuckerberg and Elon Musk are giving sport and music idols a run for their money.

(Article in English)

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forbes thailand january 2015

Ulrike Guelich in Forbes (Thailand) January 2015

A History of Culture and Equality – Female Entrepreneurship in Thailand: 
According to the Global Entrepreneurship Monitor GEM, 126 million women worldwide are operating new businesses and another 98 million do so at the helm of established businesses. Yet –from a global perspective – we face a huge gender equality gap. Some countries like Pakistan have a nearly non-existent female entrepreneurship rate; and on the opposite side there are currently only six economies where men and women start and run businesses in an equal ratio, Thailand being one of them.

(Article in English)

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Ulrike Guelich in Thai-Norwegian Business Review (Thailand)
December 2014

Are Thai Female Entrepreneurs ready for the AEC? As women make up a disproportionately large share of small business operators in Thailand, whether female entrepreneur are prepared for the launch of the ASEAN Economic Community (AEC) in late 2015 can serve as a barometer for much of the country. 

(Article in English)

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Forbes Thailand

Dr. David Achtzehn in Forbes (Thailand) October 2014

The fear of failure is commonly believed to be the biggest constrain holding back want-to-be entrepreneurs. This article presents new data from GEM Thailand which suggests that Thais are resilient to this fear of failure.

(Article in English)

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Live Radio 89.5 Mhz Phuket

Phuket News


Ms. Ulrike Guelich In The Studio with Jason Wilder at live@89.5 MHz

Published on 23 Sep 2013
Ulrike Guelich, Lecturer and Researcher at the School of Entrepreneurship and Management, Bangkok University was in the studio to talk about women entrepreneurs in Thailand and about her speech at The International Business Association of Phuket (IBAP).
Listen to the interview on YouTube: https://www.youtube.com/watch?v=QtfFCeJOOs8







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BUSEM Bangkok University School of Entrepreneurship and Management
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