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Entrepreneurial National Efficiency Based on GEM Data: Benchmarks for the MENA Countries

  • Nezameddin Faghih
  • M. Reza Zali
  • Narges Vafaei
Chapter
Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Abstract

Huge amounts of capital are spent on education and development of entrepreneurship and entrepreneurial activities in several countries, yet the tangible entrepreneurial results, as a consequence of these expenses, are not recognized at national level. A country would be on the highest level of entrepreneurial efficiency if it has gained the maximum entrepreneurial output (tangible proceedings and activities such as nascent, new, early-stage and established entrepreneurial activities) in return for entrepreneurial input (monetary capital or non-monetary capital such as human capital, social capital, national norms, and perceived capabilities). Thus the question arises that: “is any country, in regard to others, entrepreneurially efficient at national level?” Several surveys have been done to answer this question. This research seeks to evaluate entrepreneurial efficiency using GEM (Global Entrepreneurship Monitor) national data (for 1 year), including 55 countries, and DEA (Data Envelopment Analysis). Evaluating entrepreneurial efficiency, we can not only determine the relative efficiency of one country among others, but also present efficient countries in entrepreneurship _benchmarking_ to improve efficiency in inefficient fields.

Keywords

Efficiency Entrepreneurial national efficiency Data Envelopment Analysis (DEA) Global Entrepreneurship Monitor (GEM) 

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Nezameddin Faghih
    • 1
  • M. Reza Zali
    • 2
  • Narges Vafaei
    • 2
  1. 1.UNESCO Chair in EntrepreneurshipParisFrance
  2. 2.Faculty of EntrepreneurshipUniversity of TehranTehranIran

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