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The global entrepreneurship index (GEINDEX)

Szerb, László and Acs, Zoltan J. (2007) The global entrepreneurship index (GEINDEX). Foundations and Trends in Entrepreneurship, 5 (5). pp. 341-435. ISSN 1551-3114

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Identification Number: 10.1561/0300000027


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.

Item Type: Article
Official URL:
Additional Information: © 2008 The Authors
Divisions: Management
Subjects: H Social Sciences > HC Economic History and Conditions
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
Date Deposited: 10 Apr 2014 11:51
Last Modified: 01 Jul 2024 19:45

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