In an important partnership, the Babson College and London Business School are conducing a valuable line of research into global entrepreneurship: the Global Entrepreneurship Monitor (GEM).

They released their latest report this week. In it, they introduce the concept of "high expectation entrepreneurship". They define the term as all newly formed businesses which expect to employ at least 20 employees within five years.

These ventures have far reaching consequences for the economies in which they operate. They account for about 10% of all entrepreneurs, but they create 75% of all jobs from start-ups.

You can read more about the report here. You can download the report from this page. You can learn more about the Global Entrepreneurship Monitor from this page.