Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

2011

Last week, The Heritage Foundation co-hosted the launch of the 2012 Global Entrepreneurship and Development Index (GEDI), a new tool giving insight into the effect that various drivers of entrepreneurship have on economic development in countries around the world.

Two crucial findings from the 2012 GEDI emerged at the conference:

The drivers of productive entrepreneurship have deteriorated globally.… In almost all countries high-growth entrepreneurship has suffered the most.

Ambassador Terry Miller, director of Heritage’s Center for International Trade and Economics, also highlighted a key finding from the forthcoming 2012 Index of Economic Freedom: Economic freedom, crucial for economic growth and prosperity, has declined across the world over the past year.

To read the full, original article click on this link: A Not-So-Happy New Year for the Entrepreneur in 2011