The chronology comprises alternating dates of peaks and troughs in economic activity. A recession is a period between a peak and a trough, and an expansion is a period between a trough and a peak. During a recession, a significant decline in economic activity spreads across the economy and can last from a few months to more than a year. Similarly, during an expansion, economic activity rises substantially, spreads across the economy, and usually lasts for several years.
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Watch a video overview of our activities. The 'Enterprise Policy Group' consists of Directors Generals from Member States' public administrations who are responsible for industrial and enterprise policy issues. The 'Enterprise Policy Group' meets 3 times per year. The Commission may invite experts from outside the group with specific competence in a subject on the agenda to participate in the work of the group. In addition, the Commission may give observer status to individuals, organisations, EEA countries and candidate countries. As part of the Commission's commitment to transparencythe Secretary-General publishes information on meetings held with organisations or self-employed individuals. Read more on information on meetings held by Director-General Lowri Evans. Skip to main content. Legal notice Cookies Contact Search.
Through a vast, centrally coordinated, internationally executed data collection effort, GEM is able to provide high quality information, comprehensive reports and interesting stories, which greatly enhance the understanding of the entrepreneurial phenomenon - but it is more than that. It is also an ever-growing community of believers in the transformative benefits of entrepreneurship. These important bodies leverage GEM's rich data, tried-and-tested methodology and network of local experts to promote evidence-based policies towards entrepreneurship around the world. The information gained, carefully analysed by local GEM researchers, allows a deep understanding of the environment for entrepreneurship and provides valuable insights.
On a sunny May morning in NYC, Whitney Wolfe smoothes her hair golden takes a sip of her iced coffee black and points across the leafy patio at a handsome guy sitting with a friend. A year after she was ousted from Tinder and nine months after she sued the company for sexual harassment, Wolfe is back with a dating app of her own, dubbed Bumble. In essence, the app is an attempt to answer her train of questions above. It works just like other dating apps—users see pictures of other users, swipe right if they like what they see, and get matched if the interest is mutual. Wolfe says she had always been comfortable making the first move, even though she felt the stigma around being too forward. Like many startup founders, Wolfe has big ambitions for the service:.
Seriously, people were mad. People were mad at my word use, people were mad that I called them cocky, people did not dig it. For those of you who did like it and emailed, thank you.
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Entrepreneurship is the process of designing, launching and running a new businesswhich is often initially a small business. The people who create these businesses are called entrepreneurs  [ need quotation to verify ] . Entrepreneurship has been described as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit ". A broader definition of the term is sometimes used, especially in the field of Economics. In this usage, an Entrepreneur is an entity which has the ability to find and act upon opportunities to translate inventions or technology into new products: Entrepreneurship is the act of being an entrepreneuror "the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits". Entrepreneurship is the process by which either an individual or a team identifies a business opportunity and acquires and deploys the necessary resources required for its exploitation.