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The Global Entrepreneurship and Development Index

In: Global Entrepreneurship and Development Index 2017

Author

Listed:
  • Zoltan J. Acs

    (George Mason University)

  • László Szerb

    (University of Pécs)

  • Ainsley Lloyd

    (Global Entrepreneurship and Development Institute)

Abstract

The modern temple of the entrepreneurial ecosystem is like many temples of the ancient world: both are held up by pillars. Like the pillars of ancient temples—made of sand and limestone held together by cement—the pillars of the economic ecosystem are made of individuals and institutions that are held together by the “cement” of incentives created by institutions that influence the behavior of people. The entrepreneurial ecosystem rests on these pillars of development, which hold up three large building blocks consisting of attitudes toward entrepreneurship, entrepreneurial abilities, and entrepreneurial aspirations. The pillars must be of similar height and strength for a fully developed economy to flourish, and they need constant attention, continuous improvement, and careful maintenance.

Suggested Citation

  • Zoltan J. Acs & László Szerb & Ainsley Lloyd, 2017. "The Global Entrepreneurship and Development Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2017, chapter 0, pages 29-53, Springer.
    • Handle: RePEc:spr:spbchp:978-3-319-65903-9_3
    DOI: 10.1007/978-3-319-65903-9_3
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