Global Entrepreneurship And Development Index 2011

‘Acs compiled an impressive amount of knowledge about the connections between entrepreneurship and urban and regional economic development. The book combines contributions from the best thinkers in the field of entrepreneurship studies and it is a must read for every scholar and student interested in the topic.’
– Heike Mayer, Journal of Planning Education and Research

‘The Global Entrepreneurship and Development Index . . . 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.’
– The Economist

‘Looking ahead, the fact that the GEDI is planned to be available for almost all countries in the world by 2015 will be particularly useful to compare and identify constraints to entrepreneurship in developing countries, thereby helping to inform PSD programme design and evaluation.’
– Melina Heinrich, The Donor Committee for Enterprise Development

‘Here is a volume packed with important information on entrepreneurship and management, subjects critical for the growth of the world’s economies. Its authors are clear leaders in knowledge about entrepreneurship and its key role in the economy. They provide extensive, relevant, and highly illuminating data on a profusion of countries, organized so as to facilitate their use by others. Those who study the international arena will be particularly grateful for this work.’
– William Baumol, New York University, US

‘If the key to future global economic growth is the spread of innovation and entrepreneurship in the developing world, how can that spread be encouraged? The first steps are to determine the conditions that favor entrepreneurship, devise a way to measure them, and then assess the gaps and improvements needed in each country. That is what the Global Entrepreneurship and Development Index can now provide for the developing world.’
– From the foreword by Jack Goldstone

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 71 of the most important countries in the world.

Zoltan J. Acs and László 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, policymakers and entrepreneurs themselves keen to expand their understanding of entrepreneurship and development.

Global Entrepreneurship and Development Index 2012 Edition - Due December 2011
ISSN: 2044-5318
ISBN: 978 1 84980 843 9