How do the indicators used by a city of metropolitan region differ from the global indicators10/10/2023 In Detroit, the team found negative population growth, lower household income, and high unemployment combined to spark entrepreneurship, particularly among young people ages 18 to 34. The findings pinpointed factors that contribute to each city’s entrepreneurial ecosystem. In one of its surveys, GEM sampled Boston, Detroit, and Miami. Kelley is part of the Babson team for the Global Entrepreneurship Monitor (GEM), the largest and most developed research program on entrepreneurship in the world. Hamilton Professor of Free Enterprise Studies at Babson College. “The nature of entrepreneurship can differ widely across cities and this can be influenced, at least in part, by the environment,” says Donna Kelley, Frederic C. But knowing the traits that make a city entrepreneurial-and having a process for how to get there-can open the door to economic growth and mobility and take a city from surviving to thriving. There’s no one secret to developing a rich entrepreneurial ecosystem. What makes each distinct and diverse city such fertile grounds for entrepreneurship? Others, including Miami with its robust startup community, have grown into thriving entrepreneurial cities more recently. Some cities, such as San Francisco and Boston, have a long history of entrepreneurship.
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