Global Entrepreneurship and Development Index 2012

Edward Elgar Publishing
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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?
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Additional Information

Publisher
Edward Elgar Publishing
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Published on
Dec 31, 2012
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Pages
400
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ISBN
9781781001158
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Best For
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Language
English
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Genres
Business & Economics / Development / Business Development
Business & Economics / Development / Economic Development
Business & Economics / Development / General
Business & Economics / Entrepreneurship
Business & Economics / Government & Business
Business & Economics / Structural Adjustment
Political Science / Public Policy / Economic Policy
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Content Protection
This content is DRM protected.
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Eligible for Family Library

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Zoltan Acs
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.

Zoltan J. Acs
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.

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