Global Entrepreneurship and Development Index 2013

Global Entrepreneurship and Development Index 2013

Elgar original reference

Zoltán J. Ács, László Szerb and Erkko Autio

The Global Entrepreneurship and Development Index both 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 118 of the most important countries in the world.

Chapter 7: Country standings

Zoltán J. Ács, László Szerb and Erkko Autio

Subjects: business and management, entrepreneurship, development studies, development economics, economics and finance, development economics, economics of entrepreneurship, regional economics, innovation and technology, economics of innovation, urban and regional studies, regional economics


The data for each country are presented in the following tables and graphs, which summarize the values of the principal variables and indicators used to construct the sub-indexes and the Global Entrepreneurship and Development Index (GEDI) itself. The data are presented as follows: 1. The first table gives the summary statistics for each country. These include data about a country’s economy and demographics, and its position in other well-known indexes. The summary statistics provide the following: _ the size of the population, given in millions; _ the per capita GDP, presented in US dollars in terms of purchasing power parity (PPP), per World Bank estimates for the year 2010; _ the country’s cluster membership as a result of the cluster analysis based on the 14 pillars of entrepreneurship. Lower cluster ranking implies lower, while higher ranking implies high entrepreneurial performances. The membership is closely associated with the level of development of a country. For more details see Chapter 5; _ the country’s rank among 183 countries in the Ease of Doing Business Index for 2011–12; _ the country’s rank among 142 countries in the Global Competitiveness Index for 2011–12; _ the country’s rank among 179 countries in the Index of Economic Freedom for 2012; _ the country’s rank in the GEDI, with its score; _ the country’s rank in the three GEDI sub-indexes, with the respective scores; _ the weakest pillar to improve and its value; and _ the weakest variable to improve and its value.

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