Development of a Comprehensive Global Entrepreneurship Index: Global Entrepreneurship Trend Report

Abstract

A typical example of entrepreneurship is revealed through business start-up whereas a core principle of creative economy is revealed in the multilateral aspect such as research, creation, etc. Entrepreneurship contributes to job creation and national economy growth through the business start-up. And it also creates to individual development such employment, income increases, etc.Key countries overseas consider entrepreneurship as a core factor of national competitiveness, actively encouraging the fosterage of entrepreneurship. U.S. approaches toward entrepreneurship education as a lifelong learning from elementary school to college and career training course. In Europe, the Oslo Agenda for Entrepreneurship Education (2006) in the EU countries for a resolution for nurturing the entrepreneurship through the education.A policy solely aimed at the increases of entrepreneurship birth is too limited, requiring a paradigm shift in policy in response to nurturing the entrepreneurship as a foundation of business start-up. The policy focusing on start-up activities and cases is only existed to create a short-term outcome. The currently existing ‘Start-up Pull’ strategy focused on a short-term outcome now needs to shift into ‘Entrepreneurship Push’ strategy for the dissemination; accordingly, a new entrepreneurship index needs to be developed for the understanding and measurement.