Global Entrepreneurship Monitor

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Start-ups fell in Ireland, Europe and US in 2006 but China powers on.

Entrepreneurial behavior continues to fuel the engine of innovation and growth around the world; and middle income countries boast higher levels of start-up entrepreneurial activity according to the eighth annual Global Entrepreneurship Monitor (GEM).

Irish and US desire for starting businesses waned last year but the emerging economies of Asia and South America showed a rise in entrepreneurial activity, according to the report.