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Title:What doesentrepreneurshipœ data really show? PDF Logo
Authors:Ács, Zoltán J.
Desai, Sameeksha
Klapper, Leora
Issue Date:2008
Series/Report no.:Jena economic research papers 2008,007
Abstract:We compare two "entrepreneurship" datasets: Global Entrepreneurship Monitor (GEM) captures early-stage entrepreneurship and World Bank Group Entrepreneurship Survey (WBGES) captures business registration. GEM data is higher in developing economies than WBGES data, but this reverses in developed countries. We find differences related to local institutional conditions, after controlling for economic development. A possible explanation is WBGES measures formal entry, whereas GEM measures intent. This can be interpreted as the spread between individuals who could potentially operate businesses in the formal sector – and those that actually do. Our findings suggest entrepreneurs in developed countries have greater ease and incentives to incorporate.
Subjects:Global Entrepreneurship Monitor
World Bank Group Entrepreneurship Survey
entrepreneurial intent
formal business registration
entry
JEL:O17
O50
Y10
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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