1. A Framework for Addressing and Measuring Entrepreneurship
Anders Hoffmann, Ph.D.
Creative Director, FORA
Nadim Ahmad
Head of Business Statistics, OECD

2. The definition
Entrepreneurs are 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 is 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.

3. Important points
Distinction between Entrepreneurs and Entrepreneurial Activity
Entrepreneurship is not linked to size
Failure is a very important part – so seeking is the key word
Entrepreneurs create value

4. Framework
Entrepreneurial
Impacts
Determinants
Performance

5. Framework We are currently Fly me to Fly on the wings
cruising at 300 mph
Fly me to
the moon
Fly on the wings
of love
Entrepreneurial
Impacts
Determinants
Performance

6. Framework Entrepreneurial Impact Determinants Performance Job creation
Economic growth
Poverty reduction

7. Framework

8. Note
Not all new firms are entrepreneurs (definition of value determines how many)
Number of high-growth firms does not capture all entrepreneurs

9. Regulatory
framework
Culture

10. Framework

12. Way forward Performance is well on its way – ley us get some data out!
Determinants still need a lot of work – our focus for next year?