The global entrepreneurship index (GEINDEX)
AbstractThis 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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Bibliographic InfoPaper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2009-028.
Date of creation: 14 Apr 2009
Date of revision:
Entrepreneurship; Development; Stages of Growth; Globalization; Innovation; Index; Knowledge; Institutions;
Other versions of this item:
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-04-18 (All new papers)
- NEP-BEC-2009-04-18 (Business Economics)
- NEP-CSE-2009-04-18 (Economics of Strategic Management)
- NEP-ENT-2009-04-18 (Entrepreneurship)
- NEP-HRM-2009-04-18 (Human Capital & Human Resource Management)
- NEP-INO-2009-04-18 (Innovation)
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- Gries, Thomas & Naudé, Wim, 2011.
"Entrepreneurship and human development: A capability approach,"
Journal of Public Economics,
Elsevier, vol. 95(3), pages 216-224.
- Gries, Thomas & Naudé, Wim, 2011. "Entrepreneurship and human development: A capability approach," Journal of Public Economics, Elsevier, vol. 95(3-4), pages 216-224, April.
- Gries,Thomas & Naudé, Wim, 2010. "Entrepreneurship and Human Development: A Capability Approach," Working Paper Series wp2010-68, World Institute for Development Economic Research (UNU-WIDER).
- Soogwan Doh & Connie McNeely, 2012. "A multi-dimensional perspective on social capital and economic development: an exploratory analysis," The Annals of Regional Science, Springer, vol. 49(3), pages 821-843, December.
- Stel, Nora, 2012. "Entrepreneurship and innovation in a hybrid political order: The case of Lebanon," MERIT Working Papers 078, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
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