The Institute of Public Affairs has tracked the state of entrepreneurship in Australia since 2014. This research was developed by Dom Talimanidis, the IPA’s former Ian Mence Fellow for Entrepreneurship, and is now part of the IPA’s Cut Red Tape to Unleash Prosperity project.
Talimanidis found that the rate of firm creation, a key measure of entrepreneurship, has decreased. This report presents the latest statistics on firm entry and exit, and considers a range of other Australian and international data, including firm age, venture capital, and barriers to entrepreneurship.
Australian entrepreneurship is struggling in both historic and global comparisons.
To download the report click here