Entrepreneurial activities in Turkey: An international comparison using GEM data

Abstract

The purpose of this study is to explore the entrepreneurial activities in Turkey and to determine Turkey's entrepreneurial position globally. Data is collected through the standard survey of the Global Entrepreneurship Monitor (GEM) project. The results indicate a low participation rate of women and young individuals in the entrepreneurial activities and a low level of entrepreneurial dynamism in the Turkish economy. Furthermore, lack of financial support, inadequate government policies providing knowledge about technology and tax incentives, and insufficient intellectual property rights are found to be some of the important obstacles encountered by entrepreneurs in Turkey compared to those in some developing and developed countries.