Global Entrepreneurship and Development Index 2012
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Global Entrepreneurship and Development Index 2012

Zoltán J. Ács and László Szerb

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 79 of the most important countries in the world.
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Chapter 4: Country Standings

Zoltán J. Ács and László Szerb


CHAPTER 4 4.1 Data descriptions Country standings 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: ● ● ● ● ● ● ● 64 ● ● ● 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 level of development, presented in the stages suggested by Porter (2002): factor driven, efficiency driven and innovation driven; the country’s rank among 183 countries in the Ease of Doing Business Index for 2010–11; the country’s rank among 139 countries in the Global Competitiveness Index for 2010–11; the country’s rank among 179 countries in the Index of Economic Freedom for 2010–11; the country’s rank in the GEDI, with its score; the country’s rank in the three GEDI subindexes, with the respective scores; the weakest pillar to improve and its value; and the weakest variable to improve and its value. 2. A set of four figures follows, representing the relative position of a country in the GEDI, the entrepreneurial attitudes (ATT) sub-index, the entrepreneurial actions (ACT) sub-index and the entrepreneurial aspirations...

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