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Entrepreneurship at a Glance 2014
Report

Entrepreneurship at a Glance 2014

OECD, 2014 plus...

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Editorial Rating

7

Qualities

  • Analytical
  • Scientific
  • Overview

Recommendation

Entrepreneurs who dare to venture into the unknown are exemplars of human ingenuity. Their entrepreneurship forms the golden goose of economic activity and proves an indelible marker of sophisticated capitalism. And yet, hard data on the impact of entrepreneurship are in short supply. The Organisation for Economic Co-operation and Development (OECD) stepped into this breach by aggregating some 20 indicators from 30 industrialized countries on the health of the economic and operational state of these nations’ entrepreneurial ventures. The rigidly structured report falls short of sweeping insight, but it provides stoic reportage that preserves the statistics’ analytical significance. getAbstract recommends this datacentric report to policy makers, analysts, economists and students looking for cross-country gauges that can help provide a greater understanding of entrepreneurship around the world.

Take-Aways

  • The global economic crisis severely depressed the rate of new start-ups, but growth has picked up in many countries since 2011.
  • Regardless of their country, most new businesses have only a handful of employees.
  • Job creation comes from business inception, not from hiring in subsequent years.

About the Author

The Organisation for Economic Co-operation and Development is a multilateral institution that identifies and promotes policies to help governments sustain economic and social progress.