The Global Entrepreneurship and Development Index both captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 118 of the most important countries in the world. The authors expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial abilities and entrepreneurial aspirations. The data and their contribution to the business formation process are supported by three decades of research into entrepreneurship across a host of countries. The unique index construction of individual and institutional measures integrates 31 variables from various data sources into 14 pillars, three sub-indexes and a 'super index'. The relationship between entrepreneurship and economic development appears to be more or less mildly S-shaped. The findings suggest moving away from simple measures of entrepreneurship across countries illustrating a U-shaped or L-shaped relationship to more complex measures, which are positively related to development. The model has important implications for development policy. This unique book will be invaluable for researchers, policymakers and entrepreneurs keen to expand their understanding of entrepreneurship and development.

Global Entrepreneurship and Development Index 2014

Business & Money

Ács, Zoltán J.

Szerb, László

Autio, Erkko

Management & Leadership

CreateSpace Independent Publishing Platform

Three major international research projects that track data on global institutions in most countries do not track the firm formation process and do not correlate with measures of the firm formation process. For example, the self-employment rate published by the OECD correlates negatively with the Global Competitiveness Index, the Index of Economic Freedom and the Ease of Doing Business. What does this negative relationship mean? Does less economic freedom mean more entrepreneurship? What about the difficulty of starting a business? The Global Entrepreneurship Index (GEINDEX) addresses this paradox in the economic development literature. Building on previous measures of entrepreneurship, the authors define the basic requirements for construction of an entrepreneurship index. • The index should be sufficiently complex to capture the multidimensional feature of entrepreneurship. • There should be indicators referring to quality-related differences. • The index should incorporate individual level as well as institutional variables. The Global Entrepreneurship Index contributes to our understanding of economic development by constructing an index (GEINDEX) that examines the essence of the contextual features of entrepreneurship and fills a gap in the measure of development. The authors develop a Global Entrepreneurship Index that offers a measure of the quality and quantity of the business formation process in 65 of the most important countries in the world. The GEINDEX captures the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial activity and entrepreneurial aspirations.

The Global Entrepreneurship Index (Geindex) (Foundations and Trends(r) in Entrepreneurship)

Acs, Zoltan

Business Development & Entrepreneurship

Now Publishers

The Comparison of the Global Entrepreneurship Monitor and the Global Entrepreneurship and Development Index Methodologies has four aims: (1) to provide a comprehensive comparison of the GEM and GEDI approaches by using both methods side by side to analyze entrepreneurship development; (2) to offer the GEM community a useful example on how the GEM and the GEDI methodologies can be successfully combined to allow for a more in-depth country analysis of entrepreneurial performance; (3) to provide a comprehensive summary of Hungary's entrepreneurial performance from 2006-2010; and (4) to demonstrate the policy applications of the GEDI Index. While GEDI is not a panacea for solving all of a country's problems, it is a particularly useful tool for policy-oriented analysis. First, it makes it possible to determine the overall entrepreneurial performance of a country. Second, a country's entrepreneurial performance can be compared to other countries and country groups as well as viewed over time. Third, the pillar and variable level analysis provides an in-depth view of the entrepreneurial strengths and weaknesses of a particular country. Fourth, GEDI offers individual country level policy recommendations. Fifth, GEDI makes it possible to calculate how additional efforts should be distributed in order to provide the greatest increase to entrepreneurship performance. Chapter 1 provides the theoretical basis of the analysis covering relevant definitions, concepts, and measures of entrepreneurship. This chapter also presents a comparative view of the GEM and GEDI methodologies, aims, strengths, and limitations for entrepreneurship policy development. Chapter 2 provides an in-depth presentation of the individual aspects of entrepreneurship based on three entrepreneurial aspects: Entrepreneurial Attitudes, Entrepreneurial Activities, and Entrepreneurial Aspirations. Chapter 3 follows the same structure and focuses on institutional measures for

The Comparison of the Global Entrepreneurship Monitor and the Global Entrepreneurship and Development Index Methodologies (Foundations and Trends(r) in Entrepreneurship)

Aidis, Ruta

Economics

`If the key to future global economic growth is the spread of innovation and entrepreneurship in the developing world, how can that spread be encouraged? The first steps are to determine the conditions that favor entrepreneurship, devise a way to measure them, and then assess the gaps and improvements needed in each country. That is what the Global Entrepreneurship and Development Index can now provide for the developing world.' - From the foreword by Jack GoldstoneThe Global Entrepreneurship and Development Index both captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 71 of the most important countries in the world.
Zoltan J. Acs and László Szerb expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial activity and entrepreneurial aspirations. The data and their contribution to the business formation process are supported by three decades of research into entrepreneurship across a host of countries. The unique index construction of individual and institutional measures integrates 31 variables from various data sources into 14 pillars, three sub-indexes and a `super index'. The relationship between entrepreneurship and economic development appears to be more or less mildly S-shaped. The findings suggest moving away from simple measures of entrepreneurship across countries illustrating a U-shaped or L-shaped relationship to more complex measures, which are positively related to development. The model has important implications for development policy.
This unique book will be invaluable for researchers, policymakers and entrepreneurs themselves keen to expand their understanding of entrepreneurship and development.
Contents: Foreword: Entrepreneurship and Global Growth by Jack Goldstone; Preface; Introduction; 1. The Global Entrepreneurship and Development Index; 2. Entrepreneurship and Economic Development; 3. Methodology and Data Description; 4. Country Standings

Global Entrepreneurship and Development Index 2011

Edward Elgar Publishing

The Global Entrepreneurship and Development Index both captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 79 of the most important countries in the world. Zoltan J. Acs and Laszlo Szerb expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial activity and entrepreneurial aspirations. The data and their contribution to the business formation process are supported by three decades of research into entrepreneurship across a host of countries. The unique index construction of individual and institutional measures integrates 31 variables from various data sources into 14 pillars, three sub-indexes and a 'super index'. The relationship between entrepreneurship and economic development appears to be more or less mildly S-shaped. The findings suggest moving away from simple measures of entrepreneurship across countries illustrating a U-shaped or L-shaped relationship to more complex measures, which are positively related to development. The model has important implications for development policy. This unique book will be invaluable for researchers, policy makers and entrepreneurs themselves keen to expand their understanding of entrepreneurship and development. Contents: Foreword: Entrepreneurship and Global Growth (Jack Goldstone) Preface Introduction to the 2012 Global Entrepreneurship and Development Index (with Erkko Autio) 1. The Global Entrepreneurship and Development Index 2. Entrepreneurship and Economic Development 3. Methodology and Data Description 4. Country Standings

Global Entrepreneurship and Development Index 2012

The Global Entrepreneurship and Development Index both captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 118 of the most important countries in the world.
The authors expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial abilities and entrepreneurial aspirations. The data and their contribution to the business formation process are supported by three decades of research into entrepreneurship across a host of countries. The unique index construction of individual and institutional measures integrates 31 variables from various data sources into 14 pillars, three sub-indexes and a 'super index'. The relationship between entrepreneurship and economic development appears to be more or less mildly S-shaped. The findings suggest moving away from simple measures of entrepreneurship across countries illustrating a U-shaped or L-shaped relationship to more complex measures, which are positively related to development. The model has important implications for development policy.
This unique book will be invaluable for researchers, policymakers and entrepreneurs keen to expand their understanding of entrepreneurship and development.
Contents: Foreword: Entrepreneurship and Global Growth, by Jack Goldstone Preface 1. Introduction to the 2013 Global Entrepreneurship and Development Index 2. Entrepreneurship and Public Policy: Towards National Systems of Entrepreneurship 3. Institutions, Incentives and Entrepreneurship, by Ruta Aidis and Saul Estrin 4. The Global Entrepreneurship and Development Index 5. The Role of Entrepreneurship and Economic Development 6. Methodology and Data Description 7. Country Standings

Global Entrepreneurship and Development Index 2013

This brief presents a detailed look at the entrepreneurial ecosystem of nations around the world by combining individual data with institutional components. Presenting data from the 2018 Global Entrepreneurship and Development Index (GEDI), which measures the quality and scale of entrepreneurial process from 137 countries world-wide, this book provides a rich understanding of entrepreneurship and a more precise means to measure it. The novelty of the GEDI 2018 edition is the examination of the connection between the GEDI score and the computed total factor productivity (TFP) values. &nbsp; The Global Entrepreneurship and Development Index is an annual index (composite indicator) that measures the health of the entrepreneurship ecosystems in a given country. The authors have identified 14 components (or pillars) that are important for the health of entrepreneurial ecosystems, identified data to capture each , and used this data to calculate three levels of scores for a given country: the overall GEDI score, scores for Individuals and Institutions, and pillar level scores (which measure the quality of each of the 14 components).&nbsp;

Global Entrepreneurship and Development Index 2018 (SpringerBriefs in Economics)

Lafuente, Esteban

Lloyd, Ainsley

Springer

This brief captures the contextual features of entrepreneurship by measuring entrepreneurial attitudes, abilities, and aspirations at both the individual- and country-level. Featuring data from the 2016 Global Entrepreneurship and Development Index (GEDI), which measures the quality and scale of the entrepreneurial process in 133 countries around the world, this book provides a tool to help policymakers and governments harness the power of entrepreneurship to address some of the economic challenges faced at the country level. In addition to the yearly data and comparisons, this edition also explores the relationship between entrepreneurship and other measures of development. Distinct from both output-based entrepreneurship indexes (i.e., new firm counts) and process-based indexes (i.e., comparisons of policies and regulations, the GEDI is designed to profile national systems of entrepreneurship. The Index does not simply count new firm registrations nor is it an exercise of policy benchmarking. It also does not focus exclusively on high-growth entrepreneurship; it considers the characteristics of entrepreneurship that enhance productivity, such as innovation, market expansion, globalization, and growth potential. Finally, recognizing that entrepreneurship has a different impact in different economic and institutional contexts, the GEDI combines individual-level data with data that describes national institutions, as well as economic and demographic structures, to provide an institutionally embedded view of the drivers of productive entrepreneurship. 

Global Entrepreneurship and Development Index 2016 (SpringerBriefs in Economics)

This brief presents a detailed look at the entrepreneurial ecosystem of nations around the wold by combining individual data with institutional components. Presenting data from the 2017 Global Entrepreneurship and Development Index (GEDI), which measures the quality and scale of entrepreneurial process from 137 countries world-wide, this book provides a rich understanding of entrepreneurship and a more precise means to measure it. In addition to yearly data and comparison, this 2017 edition also explores the digital entrepreneurial ecosystem and provides a detailed analysis of two measurements of entrepreneurship: the GEDI and the Total Early-Stage Entrepreneurial Activity (TEA) measure. 
Whereas developed countries will be challenged to increase their economic productivity to sustain current standards of living as their populations rapidly age, developing economies will need to integrate more than two billion young adults into the world economy by 2050. How can more than one billion jobs be created in the developing world within this timeframe, especially in the least developed countries, where poverty and massive unemployment are already dominant facts of economic life? How can we measure, monitor, and build the ecosystems to produce such growth? The GEDI is designed to profile national systems of entrepreneurship. It links institutions and agents through a National Entrepreneurial System (ecosystem) in which each biotic and abiotic component is reinforced by the other at the country level. The resulting data gives policymakers a tool for understanding the entrepreneurial strengths and weaknesses of their countries’ economies, thereby enabling them to implement policies that foster productive entrepreneurship. The GEDI also helps governments harness the power of entrepreneurship to add these types of challenges.

Global Entrepreneurship and Development Index 2017 (SpringerBriefs in Economics)

Acs, Zoltan J. J.

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