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Global Entrepreneurship and Development Index 2015

  • Zoltan J. Acs
  • László Szerb
  • Erkko Autio

Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Zoltan J. Acs, László Szerb, Erkko Autio
    Pages 1-9
  3. Zoltan J. Acs, László Szerb, Erkko Autio
    Pages 11-31
  4. Zoltan J. Acs, László Szerb, Erkko Autio
    Pages 33-55
  5. Zoltan J. Acs, László Szerb, Erkko Autio
    Pages 71-91
  6. Back Matter
    Pages 93-116

About this book

Introduction

This volume provides a detailed look at the entrepreneurial ecosystem of different nations by combining individual data with institutional components. The composite index presented in this book, the Global Entrepreneurship Index (GEI), aims to measure the quality and scale of the entrepreneurial process in 130 countries around the world. The authors have developed a system that links institutions and agents through a National Entrepreneurial System (ecosystem) in which each biotic and abiotic component is reinforced by the other at a country level. The enclosed data, from both individual- and country-level institutions, provides policymakers a tool for understanding the entrepreneurial strengths and weaknesses of their respective economies, thereby enabling the implementation of policies that foster productive entrepreneurship.

Distinct from both output-based entrepreneurship indexes (i.e., new firm counts) and process-based indexes (i.e., comparisons of policies and regulations), the GEI is designed to profile national systems of entrepreneurship. The GEI is a construction of individual and institutional measures that 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 Index also does not focus exclusively on high-growth entrepreneurship; it also considers the characteristics of entrepreneurship that enhance productivity: innovation, market expansion, being growth oriented, and having an international outlook. Moreover, because entrepreneurship can have both economic and social consequences for the individual, the GEI captures the dynamic, institutionally embedded interactions between the individual-level attitudes, abilities, and aspirations that drive productive entrepreneurship.

This unique book will be invaluable for researchers, policymakers and entrepreneurs keen to expand their understanding of entrepreneurship and development.


Keywords

Global Entrepreneurship Index (GEI) Global Entrepreneurship and Development Institute (GEDI) Entrepreneurship Innovation Economic Development Institutions Global Entrepreneurship Network (GEN)

Authors and affiliations

  • Zoltan J. Acs
    • 1
  • László Szerb
    • 2
  • Erkko Autio
    • 3
  1. 1.School of Public PolicyGeorge Mason UniversityArlingtonUSA
  2. 2.Faculty of Business and EconomicsUniversity of PécsPecsHungary
  3. 3.Imperial College Business School, LondonLondonUnited Kingdom

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-26730-2
  • Copyright Information The Author(s) 2016
  • Publisher Name Springer, Cham
  • eBook Packages Business and Management
  • Print ISBN 978-3-319-26729-6
  • Online ISBN 978-3-319-26730-2
  • Series Print ISSN 2191-5504
  • Series Online ISSN 2191-5512
  • Buy this book on publisher's site