scholarly journals Entrepreneurship in Africa through the Eyes of GEDI

2013 ◽  
Vol 14 (4) ◽  
pp. 219-233 ◽  
Author(s):  
Zoltán J. Ács ◽  
László Szerb ◽  
Scott Jackson
Keyword(s):  
Economic Incentives ◽  
Enterprise Development ◽  
Entrepreneurship Policy ◽  
Global Competitiveness ◽  
The Public ◽  
Entrepreneurial Opportunities ◽  
Doing Business ◽  
Global Competitiveness Index ◽  
Global Entrepreneurship ◽  
Public Effort

Since the 1990s several new indices, including the Index of Economic Freedom, Doing Business and the Global Competitiveness Index, have been created to achieve progress in modernizing the business climates of developed and developing countries alike. These indicators, however, are focused largely on ameliorating burdens for current business, addressing issues with property rights, processes, etc. While necessary in the public effort to improve economic incentives and create employment, they remain insufficient to foster the economic essence of development: entrepreneurship. Entrepreneurship and entrepreneurship policy are not merely about small business, or even at times about business at all; rather, they are about creating environments in which people are able to perceive entrepreneurial opportunities to improve their lives and in which they are empowered to act on their visions. While much has been written about the Global Entrepreneurship Monitor (GEM) and increasingly about the Global Entrepreneurship and Development Index (GEDI), this paper represents the first attempt to examine private enterprise development in Africa.

scholarly journals Institutional Environment Modernization In Ukraine: Evaluation And Analysis

2019 ◽  
Author(s):  
Z. Shevchuk ◽  
N. Fedorchuk
Keyword(s):  
Economic Development ◽  
Economic Freedom ◽  
Institutional Environment ◽  
Social Situation ◽  
Optimal Level ◽  
Global Competitiveness ◽  
Doing Business ◽  
Socioeconomic System ◽  
Economic Sphere ◽  
Global Competitiveness Index

In this article the elements of institutional environment development and strategies for solving the problem of stable functioning of social and economic sphere of life of society are considered, discussed and analyzed. The relevance of the study is an attempt to highlight the main indicators of modernization of the institutional environment of Ukraine. These indicators are: global index of the effectiveness of public administration, the index of incapacity of states, the index of global competitiveness, the index of economic freedom, the index of easiness of doing business, the index of acceptance of corruption. All these indicators are included in the process of formation of the institutional environment of Ukraine. The research is based on the methods of the empirical research:, observation, comparison, and, in addition, on the methods of content analysis. Results. The institutional environment provides the basis for the activity for the subjects of the socioeconomic system and also defines the vector of its development. The Global Competitiveness Index not only assesses the degree of competitiveness of a country, but also helps to see the real situation in the country. It shows its competitive advantages and problems that slow down economic development. The Index of Economic Freedom identifies the main problems of an optimal level of economic freedom. It shows that the higher the index of economic freedom leads to the higher level of welfare of the population. The Easiness of Doing Business Index assesses the «rules of the game». In other words, laws, regulations, and other government acts that have impact on reducing unprofitable and bankrupt businesses. This index, in addition, assesses the condition for facilitating for doing business in Ukraine. The Failed States Index helps to analyze Ukraine's ability to control the integrity of its territory, political, demographic, economic and social situation in the country The Corruption Perceptions Index is usually used in political and econometric studies to explain the effectiveness of government administration, economic development and the level of democracy in Ukraine. Moreover, it is used to reduce the corruption in government-business relations. The institutional environment in Ukraine continuously forming. This is why the analysis of some elements of the development of the institutional environment in Ukraine is necessary to identify the optimal strategy for solving the problem of stable functioning of social and economic sphere of life of society

КОМПАРАТИВНИЙ АНАЛІЗ РЕПРЕЗЕНТАТИВНОСТІ РЕЙТИНГІВ ІНВЕСТИЦІЙНОЇ ПРИВАБЛИВОСТІ КРАЇН

2019 ◽  
pp. 105-110
Author(s):  
Kateryna Chaika
Keyword(s):  
Human Development ◽  
International Business ◽  
Human Development Index ◽  
Economic Freedom ◽  
Development Index ◽  
Global Competitiveness ◽  
Doing Business ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
Index Index

У статті визначено чотири основні групи методик оцінки інвестиційної привабливості. Серед них було виокремлено рейтинговий метод на основі статистичних даних, у межах якого проводиться ранжування провідних міжнародних рейтингів інвестиційної привабливості. Було встановлено відсутність закономірності між рекомендаціями UNCTAD та міжнародними рейтингами, у зв’язку з чим було проведено компаративний аналіз таких провідних міжнародних рейтингів, як «BDO International Business Compass», «Doing business», «The Global Competitiveness Index», «Index of Economic Freedom», «Legatum Prosperity Index» та «Human Development Index» та встановлено серед них найбільш репрезентативний.

scholarly journals International Finance Trilemma as a Tool for Balanced Development of an Economy

2020 ◽  
Vol 1 (14) ◽  
pp. 125-136
Author(s):  
Ilja Arefjevs ◽  
Olga Bogdanova
Keyword(s):  
Financial Stability ◽  
Financial Sector ◽  
Building Blocks ◽  
Economic Science ◽  
Global Competitiveness ◽  
Balanced Development ◽  
Doing Business ◽  
Global Competitiveness Index ◽  
Quantitative And Qualitative Methods ◽  
Financial Development Index

International financial trilemma is a challenge of balancing the governmental policies ensuring healthy financial sector for facilitating economic development of a country. The scientific purpose of the paper is to develop a model of the international financial trilemma, defining the three key pillars of the international financial trilemma, the corresponding relevant metrics of economy, as well as describing expansion of financial technology as a disruptive element on a trilemma balance. Taking into account the experience of other researches of trilemma concept, analogically to the Energy Trilemma index, the authors developed the trilemma concept for the financial sector. The paper proposes determining the Financial trilemma index basing it on the following pillars: financial stability, financial inclusion and transparency. The authors analyse FinTech services as disruptive element affecting the International Financial trilemma index.  As statistical basis of the financial trilemma and its building blocks the set of data from publicly available databases, such as the Global Competitiveness index, the Financial Development index, Global Findex and Doing Business is determined. The generally accepted quantitative and qualitative methods of economic science, inter alia comparative analysis, parameter estimation, grouping, economically mathematical modelling, synthesis, inductive, deductive and logically constructive methods have been used for the research. The financial trilemma index could be used as a tool for modelling an impact assessment of planned policy actions, as well as for developing determined steps for rising values of particular trilemma elements.

scholarly journals Evaluation of Entrepreneurship in Central Asian Turkic Republics According to International Indices

2018 ◽  
Author(s):  
Azamat Maksüdünov
Keyword(s):  
Soviet Union ◽  
Heritage Foundation ◽  
Global Competitiveness ◽  
General Evaluation ◽  
The Soviet Union ◽  
Central Asian ◽  
The World ◽  
Economic Freedom Index ◽  
Global Competitiveness Index ◽  
Global Entrepreneurship

With the disintegration of the Soviet Union, the Central Asian Turkic Republics gained their independence and started transition to the market economy. Entrepreneurship plays a major role for the successful transition and sustainable development. Since independence, each country has been carrying out its own activities to develop entrepreneurship. The results of national-scale activities to improve entrepreneurship can be observed in international rankings. In this context, main purpose of this study is to evaluate entrepreneurship in Central Asian Turkic Republics according to related international indices and to develop recommendations for the improvement of entrepreneurship in the region. For this purpose, data from international indices like, Global Entrepreneurship Index published by the Global Entrepreneurship and Development Institute, Economic Freedom Index published by the Heritage Foundation, Global Competitiveness Index published by the World Economic Forum and Doing Business Reports published by the World Bank, will be utilized. To obtain the expected value of entrepreneurship for economic development it is necessary to see the current performance for all countries. Results of this study are thought to provide important information for institutions and organizations regulating market in those countries. Additionally, this study gives a chance to make a general evaluation of Central Asian Turkic Republics' activities on entrepreneurship.

Composite Indices in Technology Management

2017 ◽  
pp. 38-71 ◽  
Author(s):  
Milica Jovanovic ◽  
Jovana Rakicevic ◽  
Maja Levi Jaksic ◽  
Jasna Petkovic ◽  
Sanja Marinkovic
Keyword(s):  
Comparative Analysis ◽  
Technology Management ◽  
Composite Indicators ◽  
Global Competitiveness ◽  
Advantages And Disadvantages ◽  
Brics Countries ◽  
Composite Indices ◽  
Global Competitiveness Index ◽  
Global Entrepreneurship ◽  
Competitiveness Index

This chapter focuses on composite indices used in Technology Management (TM). It provides a critical comparative analysis of 5 indices, summarizes their structure, weighting process and emphasizes technology related components of indices as well as their advantages and disadvantages. The second part of the chapter examines the ranks of OECD and BRICS countries for Global Competitiveness Index (GCI), Global Innovativeness Index (GII) and Global Entrepreneurship Index (GEI), and further, we analyzed the correlations of GCI and GII pillars and clusters with the final ranks of countries. The research proved the presence and the importance of TM in the construction of the selected indices, but also identified that there is a lack of composite indicators used exclusively for TM performance which are measured globally by official institutions.

scholarly journals STATE SUPPORT AND ECONOMIC INCENTIVES FOR THE DEVELOPMENT OF SCIENTIFIC PRODUCTION IN THE REPUBLIC OF KAZAKHSTAN

2020 ◽  
Vol 3 (77) ◽  
pp. 153-160
Author(s):  
А. S. Zhuparovа ◽  
◽  
D. S. Zhaisanova ◽  
Keyword(s):  
Innovation System ◽  
Economic Incentives ◽  
Economic Space ◽  
Global Competitiveness ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Global Competitiveness Index ◽  
The Republic ◽  
Knowledge Intensive ◽  
Domestic Companies

This study examines the position of Kazakhstan among oil-producing countries within a single economic space, as well as leading countries in the global competitiveness index. One of the incentives of the development of knowledge-intensive productions was creating the national innovation system and tax preferences. According to the official data of initial R&D expenditures by branches of science and the results of survey about readiness for the transition to the knowledge-based economy it could be noticed an increased interest in the development of knowledge-intensive industries, however, there is a low involvement in innovative activities from domestic companies due to the lack of interaction between science and industry.

scholarly journals PEDOMAN PERATURAN PERUNDANG-UNDANGAN DI INDONESIA: PERAN INDEKS INTERNASIONAL

2018 ◽  
Vol 16 (1) ◽  
Author(s):  
Handa Abidin
Keyword(s):  
Rule Of Law ◽  
The State ◽  
Global Competitiveness ◽  
Doing Business ◽  
The World ◽  
Global Competitiveness Index ◽  
Ease Of Doing Business ◽  
Competitiveness Index ◽  
The Republic ◽  
Negative Impacts

There are a number of positive impacts if Indonesia uses these three indexes: the World Bank’s Ease of Doing Business, the World Economic Forum’s Global Competitiveness Index, and the World Justice Project’s Rule of Law Index as guidance for “peraturan perundang-undangan” (laws and regulations). Nonetheless, it is important to note that there are also negative impacts that could arise. One of the important solutions to avoid negative impacts is to consistently comply with Pancasila and the 1945 Constitution of the State of the Republic of Indonesia. The concept of using international indexes as guidance is not only limited to the Ease of Doing Business, the Global Competitiveness Index, and the Rule of Law Index. Other relevant international indexes could have also roles in providing guidance for laws and regulations in Indonesia, by taking into account the discussion and recommendations in this research, in particular: these indexes must be in accordance with Pancasila and the 1945 Constitution of the State of the Republic of Indonesia. Furthermore, this research also provides recommendations for how to improve Indonesia’s rankings on the three indexes, which could also be relevant in the context of other international indexes.  

scholarly journals Sustainability of Business with Earth Sources in V4 Countries

2019 ◽  
Vol 105 ◽  
pp. 04038 ◽  
Author(s):  
Michal Cehlár ◽  
Katarína Čulková ◽  
Henrieta Pavolová ◽  
Samer Khouri
Keyword(s):  
Mining Industry ◽  
Business Environment ◽  
Business Sustainability ◽  
Global Competitiveness ◽  
Doing Business ◽  
Economic Area ◽  
Global Competitiveness Index ◽  
Negative Impacts ◽  
Social Environmental ◽  
A Company

Due to the availability of earth sources there is necessary to provide business sustainability that refers the effort of a company to reduce negative impacts on social, environmental and economic area. This can be search through various indexes that are directly or indirectly influencing effectiveness of any business, not excluding mining industry presenting base of industries in number of countries. The objective of the paper is to evaluate and compare business environment in area of earth sources in V4 countries according Global competitiveness index, Doing Business and Index of business environment with aim to identify obstacles that limit business development. From the results we can evaluate that business with earth sources has number of obstacles that company must overcome with aim that earth sources can be further sold at a favourable price. Business with earth sources in V4 could be improved by permanent development of innovation for increasing of effectiveness in area of mining and processing, as well as better conditions for starting businessmen.

Composite Indices in Technology Management

2020 ◽  
pp. 1860-1893
Author(s):  
Milica Jovanovic ◽  
Jovana Rakicevic ◽  
Maja Levi Jaksic ◽  
Jasna Petkovic ◽  
Sanja Marinkovic
Keyword(s):  
Comparative Analysis ◽  
Technology Management ◽  
Composite Indicators ◽  
Global Competitiveness ◽  
Advantages And Disadvantages ◽  
Brics Countries ◽  
Composite Indices ◽  
Global Competitiveness Index ◽  
Global Entrepreneurship ◽  
Competitiveness Index

This chapter focuses on composite indices used in Technology Management (TM). It provides a critical comparative analysis of 5 indices, summarizes their structure, weighting process and emphasizes technology related components of indices as well as their advantages and disadvantages. The second part of the chapter examines the ranks of OECD and BRICS countries for Global Competitiveness Index (GCI), Global Innovativeness Index (GII) and Global Entrepreneurship Index (GEI), and further, we analyzed the correlations of GCI and GII pillars and clusters with the final ranks of countries. The research proved the presence and the importance of TM in the construction of the selected indices, but also identified that there is a lack of composite indicators used exclusively for TM performance which are measured globally by official institutions.

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