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http://hdl.handle.net/10419/31778
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| Title: | | The global entrepreneurship index (GEINDEX)  |
| Authors: | | Ács, Zoltán J. Szerb, László |
| Issue Date: | | 2009 |
| Series/Report no.: | | Jena economic research papers 2009,028 |
| Abstract: | | 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. |
| Subjects: | | Entrepreneurship Development Stages of Growth Globalization Innovation Index Knowledge Institutions |
| JEL: | | L26 O1 O3 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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