OECD data covers 18 industrial countries; World Bank report studies more than 100 nations
Increasing international interest by policy-makers and others in entrepreneurship has resulted in two new tools for country-level comparisons of entrepreneurship. In this podcast, global organizations concerned with advancing entrepreneurship jointly presented their respective reports to media the week before Global Entrepreneurship Week, Nov. 17 – 23, 2008. The reports, funded in part by the Ewing Marion Kauffman Foundation, a U.S.-based philanthropy dedicated to promoting entrepreneurship, provide insights into entrepreneurship across countries.
- The Organisation for Economic Co-operation and Development (OECD) and Eurostat, the statistical office of the European Communities, presented their Entrepreneurship Indicators Program (EIP). The EIP establishes multiple internationally comparable indicators on entrepreneurial activity such as business entry, high-growth businesses in the economy and gazelle businesses—“young and high-growth”—in 18 OECD countries, based on information produced by national statistical offices according to internationally agreed definitions.
Full report and data available at www.oecd.org/statistics/entrepreneurshipindicators
- The International Finance Corporation (IFC), a member of the World Bank Group, presented the World Bank Group Entrepreneurship Survey (WBGES) 2008, which illustrates the importance of entrepreneurship for the dynamism of the modern economy. In its third year, the WBGES has new data about total and newly registered businesses in more than 100 industrial and developing countries.
Full report and data available at http://econ.worldbank.org/research/entrepreneurship
Speakers who presented the reports’ findings and implications:
Robert Litan, vice president of Research & Policy, Kauffman Foundation
Leora Klapper, senior economist, Finance and Private Sector Development Research Group, The World Bank
Anders Hoffmann, director of entrepreneurship and innovation policy, Danish Enterprise and Construction Authority
Tim Davis, senior advisor, Entrepreneurship Indicators Project, OECD
Greg Ericksen, global vice chairman, Strategic Growth Markets, Ernst & Young