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.

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

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
Preface: A Compass for Strengthening Entrepreneurial Ecosystems.- Chapter 1 Introduction.- Chapter 2 The Global Entrepreneurship Index.- Chapter 3 Performance by Country and Country Group.- Chapter 4 Enhancing Entrepreneurship Ecosystems.- Chapter 5 Methodology and Data Description.- Appendix A: Pillar Distributions.- Appendix B The Global Entrepreneurship Sub-Index Rank of Countries in Alphabetical Order, 2015.- Appendix C Entrepreneurial Attitudes Sub-Index and Pillar Values of Countries in Alphabetical Order, 2015.- Appendix D Entrepreneurial Abilities Sub-Index and Pillar Values of Countries in Alphabetical Order, 2015.- Appendix E Entrepreneurial Aspirations Sub-Index and Pillar Values of Countries in Alphabetical Order, 2015.