Publication:
What Does "Entrepreneurship" Data Really Show? A Comparison of the Global Entrepreneurship Monitor and World Bank Group Datasets

Simple item page
dc.contributor.authorAcs, Zoltan J.
dc.contributor.authorDesai, Sameeksha
dc.contributor.authorKlapper, Leora F.
dc.date.accessioned2012-06-01T14:48:13Z
dc.date.available2012-06-01T14:48:13Z
dc.date.issued2008-07
dc.description.abstractThis paper compares two datasets designed to measure entrepreneurship. The Global Entrepreneurship Monitor dataset captures early-stage entrepreneurial activity; the World Bank Group Entrepreneurship Survey dataset captures formal business registration. There are a number of important differences when the data are compared. First, GEM data tend to report significantly greater levels of early-stage entrepreneurship in developing economies than do the World Bank data. The World Bank data tend to be greater than GEM data for developed countries. Second, the magnitude of the difference between the datasets across countries is related to the local institutional and environmental conditions for entrepreneurs, after controlling for levels of economic development. A possible explanation for this is that the World Bank data measure rates of entry in the formal economy, whereas GEM data are reflective of entrepreneurial intent and capture informality of entrepreneurship. This is particularly true for developing countries. Therefore, this discrepancy can be interpreted as the spread between individuals who could potentially operate businesses in the formal sector - and those that actually do so: In other words, GEM data may represent the potential supply of entrepreneurs, whereas the World Bank data may represent the actual rate of entrepreneurship. The findings suggest that entrepreneurs in developed countries have greater ease and incentives to incorporate, both for the benefits of greater access to formal financing and labor contracts, as well as for tax and other purposes not directly related to business activities.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/07/9670280/entrepreneurship-data-really-show-comparison-global-entrepreneurship-monitor-world-bank-group-datasets-entrepreneurship-data-really-show-comparison-global-entrepreneurship-monitor-world-bank-group-datasets
dc.identifier.doi10.1596/1813-9450-4667
dc.identifier.urihttps://hdl.handle.net/10986/6844
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper No. 4667
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADMINISTRATIVE BARRIERS
dc.subjectARRANGEMENT
dc.subjectBANK FINANCING
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY PROCEDURES
dc.subjectBARRIERS TO ENTRY
dc.subjectBENCHMARK
dc.subjectBUSINESS ACTIVITIES
dc.subjectBUSINESS ENTRY
dc.subjectBUSINESS ENVIRONMENT
dc.subjectBUSINESS ENVIRONMENTS
dc.subjectBUSINESS FORMATION
dc.subjectBUSINESS OWNERS
dc.subjectBUSINESS PURPOSES
dc.subjectBUSINESS REGISTRATION
dc.subjectBUSINESS REGISTRATIONS
dc.subjectBUSINESS REGULATIONS
dc.subjectBUSINESSES
dc.subjectCHAMBERS OF COMMERCE
dc.subjectCOMPANY
dc.subjectCORPORATION
dc.subjectCORPORATIONS
dc.subjectCORRELATION MATRIX
dc.subjectCORRUPTION
dc.subjectCREDITORS
dc.subjectCURRENT ACCOUNT
dc.subjectDEBT
dc.subjectDEBT OBLIGATIONS
dc.subjectDESCRIPTION
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC SYSTEMS
dc.subjectEMPLOYER
dc.subjectEMPLOYMENT
dc.subjectENFORCEMENT MECHANISMS
dc.subjectENTREPRENEURIAL ACTIVITIES
dc.subjectENTREPRENEURIAL ACTIVITY
dc.subjectENTREPRENEURIAL POTENTIAL
dc.subjectENTREPRENEURS
dc.subjectENTREPRENEURSHIP
dc.subjectENTRY BARRIERS
dc.subjectEXCLUSION
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL RISKS
dc.subjectFINANCIAL_RISK
dc.subjectFIRMS
dc.subjectFORMAL BANK
dc.subjectFORMAL ECONOMY
dc.subjectGREATER ACCESS
dc.subjectHUMAN CAPITAL
dc.subjectINDIVIDUAL ENTREPRENEURS
dc.subjectINFLATION
dc.subjectINFORMAL ECONOMY
dc.subjectINNOVATION
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COMPARISONS
dc.subjectLAWS
dc.subjectLEGAL SYSTEM
dc.subjectLEGAL SYSTEMS
dc.subjectMANUFACTURING
dc.subjectNEW BUSINESS
dc.subjectNEW BUSINESSES
dc.subjectOPERATIONAL RISK
dc.subjectPERSONAL SAVINGS
dc.subjectPHONE
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPROPRIETORSHIP
dc.subjectPUBLIC POLICY
dc.subjectREAL ESTATE
dc.subjectREGISTRIES
dc.subjectREGISTRY
dc.subjectREGULATORY BURDEN
dc.subjectREGULATORY BURDENS
dc.subjectREGULATORY REFORMS
dc.subjectRESULTS
dc.subjectRETAIL TRADE
dc.subjectSELF- EMPLOYMENT
dc.subjectSELF-EMPLOYMENT
dc.subjectSMALL BUSINESS
dc.subjectSTART-UP
dc.subjectSTART-UP CAPITAL
dc.subjectSTART-UPS
dc.subjectTAXATION
dc.subjectUNEMPLOYMENT
dc.subjectVENDORS
dc.subjectWEB
dc.titleWhat Does "Entrepreneurship" Data Really Show? A Comparison of the Global Entrepreneurship Monitor and World Bank Group Datasetsen
dspace.entity.typePublication
okr.crossref.titleWhat Does "Entrepreneurship" Data Really Show? A Comparison Of The Global Entrepreneurship Monitor And World Bank Group Datasets
okr.date.doiregistration2025-04-10T09:17:17.151788Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/07/9670280/entrepreneurship-data-really-show-comparison-global-entrepreneurship-monitor-world-bank-group-datasets-entrepreneurship-data-really-show-comparison-global-entrepreneurship-monitor-world-bank-group-datasets
okr.globalpracticeFinance and Markets
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid176011468314725732
okr.identifier.doi10.1596/1813-9450-4667
okr.identifier.externaldocumentum000158349_20080714111740
okr.identifier.internaldocumentum9670280
okr.identifier.reportWPS4667
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/07/14/000158349_20080714111740/Rendered/PDF/WPS4667.pdfen
okr.sectorFinance :: General finance sector
okr.themeFinancial and private sector development :: Other financial and private sector development
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicInformation Security and Privacy
okr.topicPrivate Sector Development::E-Business
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
WPS4667.pdf
Size:
153.64 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
WPS4667.txt
Size:
83.85 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers