Applied research of GEM entrepreneurship Model: An empirical case study of Zhejiang Province in China

Abstract

Based on the theory of GEM research, this paper studies the second economic promotion system of GEM model. Through face-to-face interview with 272 professors from 8 cities in Zhejiang, this paper uses stepwise regression method to analyze the influence factors on entrepreneurial opportunities and abilities in Chinese entrepreneurial environment. This paper applies 12 indices of entrepreneurship environment to modify GEM Model that could adapt to Chinese special conditions. The research also presents relevant solutions and suggestions.