Leveraging Entrepreneurial Ambition and Innovation

(CC) Leveraging Entrepreneurial Ambition and Innovation/World Economic ForumEntrepreneurship is a critical driver of economic growth, innovation and prosperity. The report Leveraging Entrepreneurial Ambition and Innovation: A Global Perspective on Entrepreneurship, Competitiveness and Development examines the relationship between entrepreneurship and competitiveness from a fresh perspective. By combining two unique data sets – the World Economic Forum’s Global Competitiveness Index data, which ranks the economic competiveness of 144 economies, and Global Entrepreneurship Monitor’s assessment of entrepreneurial activity across 70 economies – the report sheds new light on early-stage entrepreneurial activity, ambition and innovation.

The report groups countries into five clusters of entrepreneurial ecosystems and develops a deeper understanding of how each can improve. We find that policymakers and governments must take in to account three factors: (1) the type of entrepreneurial economy in which entrepreneurship policy is being conducted, (2) the specific entrepreneurial outcome to be achieved, and (3) the levers available to achieve a specific outcome.

The report is the culmination of a three-year initiative on New Models of Entrepreneurship and was written in partnership with Global Entrepreneurship Monitor and with case interviews with entrepreneurs provided by Endeavor Global.

Read the full Leveraging Entrepreneurial Ambition and Innovation: A Global Perspective on Entrepreneurship, Competitiveness and Development Report.