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Published byVirgil Berry Modified over 6 years ago
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Entrepreneurship Indicators Programme Highlights Previews EISG Paris November
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EIP Definitions Entrepreneurs: those persons (business owners) who seek to generate value, through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets. Entrepreneurial activity: the enterprising human action in pursuit of the generation of value, through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets. Entrepreneurship is the phenomenon associated with entrepreneurial activity.
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Some Important Principles
Entrepreneur vs. Entrepreneurship Not just small or young firms Not all firms are entrepreneurial They are doing something “new” Some entrepreneurs fail “Value” can be defined in different ways
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A Framework for Indicators
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Core Indicators
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Enterprise Birth Rate (Not fully comparable)
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Employer Firm Birth Rates
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Employer Firms: Births, Deaths, Churn
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Employer Firm Birth Rate by Sector
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Employer Firm Death Rate by Sector
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High Growth Over 3 Years
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Business Population
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Business Population Changes by Size Class
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Proportion of 3 and 5 year old Firms
1/ The 1st one contains Eurostat data for proportion of 3-year and 5-year old firms 2/ the 2nd one (below the 1st one) contains estimates for Canada and US for proportion of 2-year and 5-year old firms, based on the number of employer birth in y-2 (resp y-5), the 2-year (resp. 5-year) survival rate in y-2 (resp. y-5) and the total firm population in y.
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Proportion of Young Employer Firms, USA and Canada
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Export Performance
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Export Performance – Outside EU
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Leading Indicators of Entrepreneurship
Developing Administrative and LFS-based measures Timely, yet based on a comprehensive register or a large sample
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“Birth Rates” from LFS Data
UK self-employed “firm” births (%)
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Survival rates of self-employed “firms”
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