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The global entrepreneurship and development index: a US perspective

Acs, Zoltan J. (2011) The global entrepreneurship and development index: a US perspective. Journal of International Commerce, Economics and Policy, 02 (01). pp. 43-66. ISSN 1793-9933

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Identification Number: 10.1142/S179399331100021X

Abstract

This paper looks at the performance of the United States (US) on the Global Entrepreneurship and Development Index (GEDI), capturing the contextual features of entrepreneurship. The US ranks third on the GEDI. It performs well on the aspirations sub-index but lags on the attitudes and activity sub-indices. Its performance is strong in areas of startu skills, competition, and new technology but weak in cultural support, tech sector, and high-growth business. Performance is stronger on institutional variables than on individual variables. Apparent weakness in the tech sector, lack of cultural support for entrepreneurship and lack of high-growth business can be due to the changing political environment and international volatility, 1990s tech sector bubble burst, the recent recession, and the improving performance of other counties.

Item Type: Article
Official URL: http://www.worldscientific.com/worldscinet/jicep
Additional Information: © 2011 The Author
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HF Commerce
JEL classification: O - Economic Development, Technological Change, and Growth > O1 - Economic Development
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development
Sets: Departments > Management
Date Deposited: 09 Apr 2014 14:26
Last Modified: 09 Apr 2014 14:26
URI: http://eprints.lse.ac.uk/id/eprint/56462

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