Entrepreneurs have changed the way business works, making considerable contributions to national economies and systems of innovation. But it is vital to understand the value of entrepreneurship and how it can be enhanced. Our research by Professor Erkko Autio and colleagues, initiated through the EPSRC Innovation Studies Centre, considers the quality, impact and longevity of companies, as well as the context in which ventures emerge and thrive.
The result is the Global Entrepreneurship and Development Index (GEDI), a tool which unites these varying elements and ranks countries according to their entrepreneurial characteristics. In the video below, Professor Autio explains how GEDI is helping governments shape policy that develops and advances entrepreneurial growth