Just 9.8 per cent of the world's entrepreneurs expect to create almost 75 per cent of the jobs generated by new business ventures, according to a global study of high expectation entrepreneurship.

The report, part of the Global Entrepreneurship Monitor international research consortium co-directed by US-based Babson College and London Business School, analyses 505,000 survey responses across 44 countries over a five-year period to give unique insights into high expectation entrepreneurship - defined as all start-ups and newly formed businesses which expect to employ at least 20 employees within five years.

The report also found more high expectation entrepreneurial activity occurs in North America, Australia and New Zealand than in any other country group. In these locations, high expectation entrepreneurial activity ranges from around 1 per cent to 1.6 per cent of the adult population.

Five countries were studied individually. High expectation entrepreneurial activity is highest in the US at 1.6 per cent of adult population roughly twice the rate in the UK and Germany.

High-flying entrepreneurial activity is most widespread among well-educated men aged 25-34 years with already high incomes, according to the research.