Wednesday November 25, 2020

Start-Ups: Necessity is the mother of innovation

Necessity-driven entrepreneurship is the main reason for people starting up businesses in Ireland.

16th June, 2012
Paula Fitzsimons, national coordinator, GEM. Photo: Jason Clarke

Paula Fitzsimons, national coordinator of The Global Entrepreneurship Monitor (GEM), which will be releasing its 2011 Report on Ireland in August, said the indication so far was that more companies were set up in Ireland in 2011 than in 2010.

The report found that necessity-driven entrepreneurship was the main reason for people starting up businesses in Ireland.

"One third of people in 2010 set up businesses because they had no other choice and I think that will continue...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 10 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago