Arbeitspapier

What doesentrepreneurshipœ data really show?

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.

Language
Englisch

Bibliographic citation
Series: Jena Economic Research Papers ; No. 2008,007

Classification
Wirtschaft
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Economywide Country Studies: General
Data: Tables and Charts
Subject
Global Entrepreneurship Monitor
World Bank Group Entrepreneurship Survey
entrepreneurial intent
formal business registration
entry
Unternehmer
Unternehmensgründung
Markteintritt
Statistische Methode
Vergleich
Welt

Event
Geistige Schöpfung
(who)
Ács, Zoltán J.
Desai, Sameeksha
Klapper, Leora
Event
Veröffentlichung
(who)
Friedrich Schiller University Jena and Max Planck Institute of Economics
(where)
Jena
(when)
2008

Handle
Last update
10.03.2025, 11:46 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ács, Zoltán J.
  • Desai, Sameeksha
  • Klapper, Leora
  • Friedrich Schiller University Jena and Max Planck Institute of Economics

Time of origin

  • 2008

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