Young entrepreneurs from the G20 countries see themselves as the most dynamic source of technology innovation and expect their businesses to achieve strong growth and job creation in the next two years, according to a report by Accenture (NYSE:ACN) and the G20 Young Entrepreneurs’ Alliance (G20 YEA). However, these entrepreneurs demand more support from governments and larger businesses to help them sustain their contribution to economic growth.
The survey of 1000 business owners in the G20 countries aged forty or younger revealed that more than three quarters (76 percent) believe they are the major source of technology innovation in their countries. Forty one percent expect to grow their businesses by more than eight percent annually over the next two years and 81 percent expect to create new jobs in that period. The findings were published in a report, “Entrepreneurial Innovation: How to unleash a key source of growth and jobs in the G20 countries,” at the G20 YEA Summit in Moscow, which brings together entrepreneurs and their local representative bodies from around the world.