Abstract
In previous publications, we have described the Global Entrepreneurship and Development Index methodology in detail. In this chapter, we describe the GEDI structure, the dataset used to create it, and a short summary of the GEDI methodology.
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Groh et al. (2012).
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Some may not consider the West Bank and Gaza Strip an independent country. Tonga and Vanuatu are tiny countries, and Yemen and Syria have been engaged in civil war over the last few years.
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In order to check potential bias, the index was calculated without these countries; however, the GEDI values and the rank order of the involved countries were basically unchanged.
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OECD (2008).
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The Kaiser-Meyer-Olkin measures for the original pillar values are 0.91, and 0.94 for the PFB adjusted pillars, well above the critical value of 0.50. The Bartlett test is significant at the 0.000 level, excluding the possibility that the pillars are not interrelated.
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We have calculated the c-alpha values for each of the three sub-indexes. Using the PFB adjusted pillar values, the c-alpha scores are 0.85 (ATT pillars), 0.91 (ABT pillars), and 0.91 (ASP pillars).
References
Acs, Z. J., & Szerb, L. (2009). The global entrepreneurship and development index (GEDINDEX). Foundations and Trends in Entrepreneurship, 5(5), 341–435.
Acs, Z. J., & Szerb, L. (2012). Global entrepreneurship and development index (p. 400). Cheltenham: Edward Elgar.
Acs, Z. J., Szerb, L., & Autio, E. (2011). Global entrepreneurship and development index (p. 352). Cheltenham: Edward Elgar.
Acs, Z. J., Szerb, L., & Autio, E. (2014). The global entrepreneurship and development index 2014. Seattle: CreateSpace Independent Publishing Platform.
Groh, A., Liechtenstein, H., & Lieser, K. (2012). The global venture capital and private equity country attractiveness annual index 2012. Available at http://blog.iese.edu/vcpeindex/about/
Joint Research Centre-European Commission. (2008). Handbook on constructing composite indicators: Methodology and User guide. OECD publishing.
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Acs, Z.J., Szerb, L., Autio, E. (2016). Methodology and Data Description. In: Global Entrepreneurship and Development Index 2015. SpringerBriefs in Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-26730-2_5
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DOI: https://doi.org/10.1007/978-3-319-26730-2_5
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