This volume captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 120 of the most important countries in the world. The authors expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial abilities and entrepreneurial aspirations. The data and their contribution to the business formation process are supported by three decades of research into entrepreneurship across a host of countries.

The Global Entrepreneurship and Development Index is a construction of individual and institutional measures that integrates 31 variables from various data sources into 15 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 model has important implications for development policy.

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

Presents the most recent data on entrepreneurship and development from 120 countries Captures the contextual features of entrepreneurship with focus on entrepreneurial attitudes, abilities and aspirations Provides a model that has important implications for entrepreneurship and development Includes supplementary material: sn.pub/extras

Autorentext

Zoltan Acs is Professor of Management at the London School of Economics (UK), Professor at the Schar School of Policy and Government and Director of the Center for Entrepreneurship and Public Policy at George Mason University (Fairfax, VA, USA), and Founder and President of the Global Entrepreneurship and Development Institute (GEDI Institute, Washington, D.C., USA). He is also co-editor and founder of Small Business Economics (Springer), a leading entrepreneurship journal. He has published more than 200 articles in international scholarly journals and over 35 books. László Szerb is University Professor at the Faculty of Business and Economics of the University of Pécs (Hungary). He is also the creator, along with Zoltan Acs, of the Global Entrepreneurship Index (GEI). His teaching and research focuses mainly on small business and entrepreneurship related subjects. He has published extensively in entrepreneurship topics including the determinants of entrepreneurship, competitiveness and performance. Éva Somogyiné Komlósi is a Research Fellow in the MTA-PTE Innovation and Economic Growth Research Group at the University of Pécs (Hungary). Her main area of research is the investigation of the effects of institutional factors on entrepreneurship. Esteban Lafuente is Professor in the Department of Management at the Polytechnic University of Catalonia (Barcelona, Spain). His also an Editor of Small Business Economics (Springer), a leading entrepreneurship journal. His research focuses on the economic analysis of organizations, with special emphasis on models of managerial economics and topics in applied econometrics. His research has been published in a variety of international journals.

Inhalt
Chapter 1 Introduction.- Chapter 2 National Systems of Entrepreneurship.- Chapter 3 Institutions, Incentives, and Entrepreneurship.- Chapter 4 The Global Entrepreneurship and Development Index.- Chapter 5 Methodology and Data Description.- Appendices.