Authors:
- Measures the quality and scale of the entrepreneurship process in 130 countries globally based on both individual- and country-level institutional data
- Captures the dynamic, institutionally embedded interactions between the individual-level attitudes, abilities, and aspirations that drive productive entrepreneurship
- Provides policymakers with a tool for understanding the entrepreneurial strengths and weaknesses enabling the implementation policies that foster productive entrepreneurship
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)
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Table of contents (5 chapters)
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Front Matter
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Back Matter
About this book
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.
Authors and Affiliations
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School of Public Policy, George Mason University, Arlington, USA
Zoltan J. Acs
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Faculty of Business and Economics, University of Pécs, Pecs, Hungary
László Szerb
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Imperial College Business School, London, London, United Kingdom
Erkko Autio
Bibliographic Information
Book Title: Global Entrepreneurship and Development Index 2015
Authors: Zoltan J. Acs, László Szerb, Erkko Autio
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-3-319-26730-2
Publisher: Springer Cham
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Author(s) 2016
Softcover ISBN: 978-3-319-26729-6Published: 07 December 2015
eBook ISBN: 978-3-319-26730-2Published: 27 November 2015
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: XVIII, 116
Number of Illustrations: 36 b/w illustrations
Additional Information: Originally published by CreateSpace Independent Publishing Platform, Washington, DC, USA 2014
Topics: Entrepreneurship, Economic Growth, Innovation/Technology Management