Global entrepreneurship and institutions: an introduction

Abstract

This article is an introduction to the special issue from the 4th Global Entrepreneurship Monitor Research Conference held at Imperial College Business School, London, in 2010. The article has two objectives. The first is to summarize the history of the GEM consortium, some of the contributions that it has delivered, and some challenges and opportunities ahead. The second is to present a summary of the papers in the context of the utility of GEM data in comparative entrepreneurship research.

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Notes

  1. 1.

    The original acronym was GOEI, or Global Opportunity and Entrepreneurship Index. The name Global Entrepreneurship Monitor, abbreviated as GEM, was proposed by Erkko Autio, who had just bought the gems for the engagement ring for his future wife.

  2. 2.

    Although Baumol had published his seminal hypothesis regarding ‘productive,’ ‘unproductive,’ and ‘destructive’ entrepreneurship in 1990, this thesis had not been tested because of lack of suitable data (Baumol 1990; Weitzel et al. 2010; Desai et al. 2013).

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Correspondence to Jonathan Levie.

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Levie, J., Autio, E., Acs, Z. et al. Global entrepreneurship and institutions: an introduction. Small Bus Econ 42, 437–444 (2014). https://doi.org/10.1007/s11187-013-9516-6

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Keywords

  • Entrepreneurship
  • Economic development
  • Institutions
  • Public policy

JEL Classifications

  • L26
  • O1
  • O2