Global Entrepreneurship and Development Index 2012
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Zoltán J. Ács, Professor, London School of Economics and Political Science and University Professor, School of Policy, Government and International Affairs, George Mason University, US and László Szerb, University Professor and Director, Department of Business and Management Studies, Faculty of Business and Economics, University of Pécs, HungaryThe <i>Global Entrepreneurship and Development Index</i>... focuses on high-growth companies. It tries to measure the ambition of entrepreneurs as well as the prevalence of start-ups. It presents its results in ways that are designed to capture the attention of policymakers. It produces a ranking of 71 countries (for all their faults, nothing makes a politician jump like a league table). It also identifies bottlenecks that prevent countries from doing better. The index concludes that development and enterprise are correlated. <br />- The Economist --<i>The Economist</i>
Zoltan J. Acs and Laszlo Szerb expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial activity 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 unique index construction of individual and institutional measures 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 model has important implications for development policy.
This unique book will be invaluable for researchers, policy makers and entrepreneurs themselves keen to expand their understanding of entrepreneurship and development.
Contents: Foreword: Entrepreneurship and Global Growth (Jack Goldstone) Preface Introduction to the 2012 Global Entrepreneurship and Development Index (with Erkko Autio) 1. The Global Entrepreneurship and Development Index 2. Entrepreneurship and Economic Development 3. Methodology and Data Description 4. Country Standings