Entrepreneurial Profile of the UK in the Light of the Global Entrepreneurship and Development Index

35 Pages Posted: 29 May 2012

See all articles by Erkko Autio

Erkko Autio

Imperial College Business School; Tilburg University School of Economics and Management

Matthew Cleevely

Imperial College Business School

Mark Hart

Aston University - Aston Business School

Jonathan Levie

University of Strathclyde - Strathclyde Business School

Zoltan J. Acs

Schar School of Policy and Government

László Szerb

University of Pécs

Date Written: April 24, 2012

Abstract

In this research summary, we provide a novel look into the entrepreneurial profile of the UK in an international context. We use a new method – the Global Entrepreneurship and Development Index GEDI – to identify the entrepreneurial strengths and weaknesses of the UK economy, as well as to identify potential bottlenecks that hold back the performance of the UK relative to other advanced economies. We perform a Penalty for Bottleneck analysis to identify the bottlenecks in the UK's entrepreneurial profile. We also explore optimal resource allocation for UK's policy for National Systems of Entrepreneurship.

Keywords: National Systems of Entrepreneurship, Global Entrepreneurship and Development Index, GEDI, United Kingdom, Entrepreneurship policy

Suggested Citation

Autio, Erkko and Cleevely, Matthew and Hart, Mark and Levie, Jonathan and Acs, Zoltan J. and Szerb, Laszlo, Entrepreneurial Profile of the UK in the Light of the Global Entrepreneurship and Development Index (April 24, 2012). Available at SSRN: https://ssrn.com/abstract=2070320 or http://dx.doi.org/10.2139/ssrn.2070320

Erkko Autio (Contact Author)

Imperial College Business School ( email )

South Kensington Campus
Exhibition Road
London SW7 2AZ, SW7 2AZ
United Kingdom
+447786226452 (Phone)

HOME PAGE: http://www.imperial.ac.uk/people/erkko.autio

Tilburg University School of Economics and Management ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

Matthew Cleevely

Imperial College Business School ( email )

Exhibition Road, South Kensington
London, SW7 2AZ
United Kingdom

Mark Hart

Aston University - Aston Business School ( email )

Aston Triangle
Birmingham, B47ET
United Kingdom

Jonathan Levie

University of Strathclyde - Strathclyde Business School ( email )

100 Cathedral Street
Glasgow G1 1XU
United Kingdom

Zoltan J. Acs

Schar School of Policy and Government ( email )

Founders Hall
3351 Fairfax Dr.
Arlington, VA 22201
United States
703-993-1780 (Phone)

HOME PAGE: http://home.ubalt.edu/zacs

Laszlo Szerb

University of Pécs ( email )

Rákóczi st. 80
Pécs, 7622
Hungary

HOME PAGE: http://ktk.pte.hu/en/department-quantitative-management/laszlo-szerb

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