The global entrepreneurship index (GEINDEX)

This paper constructs a Global Entrepreneurship Index (GEINDEX) that captures the contextual feature of entrepreneurship across countries. We find the relationship between entrepreneurship and economic development to be mildly S-shaped not U-shaped or L-shaped. Our 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 economic development. Implications for public policy suggest that institutions need to be strengthened before entrepreneurial resource can be deployed to drive innovation.

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Year of publication:	2009
Authors:	Ács, Zoltán J. ; Szerb, László
Publisher:	Jena : Universität Jena und Max-Planck-Institut für Ökonomik
Subject:	Unternehmer \| Unternehmensgründung \| Wirtschaftsindikator \| Entwicklungsstufe \| Institutionalismus \| Innovation \| Wissen \| Globalisierung \| Welt \| Entrepreneurship \| Development \| Stages of Growth \| Globalization \| Index \| Knowledge \| Institutions

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Series:	Jena economic research papers ; 2009,028
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	597771685 [GVK] hdl:10419/31778 [Handle]
Classification:	L26 - Entrepreneurship ; O1 - Economic Development ; O3 - Technological Change; Research and Development
Source:	EconStor