Abstract
After 6 years, the world has begun to put the global recession of 2009 behind it: while some parts of the world have pushed through the recession and returned to economic health, others have yet to emerge from massive debt and lackluster growth. Entrepreneurship plays an important role in both dynamics, as gradual recovery brings strategic opportunities for growth. In China, for example, entrepreneurs can help reduce economic dependency on infrastructural investment by catalyzing consumer demand. In country such as Greece, however, where the uncertainty of a lagging recovery dampens the confidence of business, entrepreneurs are having a more difficult time helping to turn the economy around.
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Notes
- 1.
This version uses data collected in mid-2012.
- 2.
The Netherlands was one of the biggest improvers in the 2011–2012 time period.
- 3.
Gender is a complicated subject and difficult to capture through the addition of a gender pillar. In 2013, the Global Entrepreneurship and Development Institute launched the Gender-GEDI which is first ever index for female entrepreneurship. The Gender-GEDI project spearheaded by Ruta Aidis and sponsored by Dell Computers ranks and scores countries according to their potential for fostering “high–impact” female entrepreneurs. (www.thegedi.org) (www.dell.com/dwen).
- 4.
Ruta Aidis interview, June 5, 2012.
Excerpt from a case study contributed by Ruta Aidis for “Identifying the obstacles to high-impact entrepreneurship in Latin America” by Zoltan Acs and Paulo Correa, The World Bank (2014).
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Acs, Z.J., Szerb, L., Autio, E. (2015). Introduction. In: Global Entrepreneurship and Development Index 2014. SpringerBriefs in Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-14932-5_1
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