What to Expect from Global Entrepreneurship Index 2022: Insights and Analysis
Entrepreneurship is a driving force behind economic growth and development worldwide. Global Entrepreneurship Index (GEI) is a leading tool that measures the entrepreneurial ecosystem of countries worldwide. This year, the George Washington University will release the GEI 2022, offering new insights into the entrepreneurship landscape across the globe. Here’s what to expect.
GEI 2022: Methodology and Key Components
The Global Entrepreneurship Index 2022 provides a holistic approach to measuring entrepreneurship. It’s based on 14 indicators that capture the quality and dynamics of the entrepreneurial ecosystem in countries around the world. These indicators are grouped into three core components:
1. Entrepreneurial Attitudes and Perceptions
2. Entrepreneurial Activity and Aspiration
3. Entrepreneurial Framework Conditions
Top Countries in the GEI 2021
In 2021 the GEI ranked 120 economies worldwide. The top-performing countries in the GEI 2021 were:
1. United States
2. Switzerland
3. Canada
4. United Kingdom
5. Australia
The GEI 2022 will reveal whether there have been significant changes in the rankings. No doubt, the COVID-19 pandemic has had a major impact on entrepreneurial activity and the overall ecosystem worldwide.
Key Insights from the GEI 2022
As always, the GEI 2022 is expected to provide unprecedented insights into the entrepreneurial landscape worldwide. It will offer policymakers, investors, and entrepreneurs a better understanding of the strengths and weaknesses of different countries and how to create more favorable environments for entrepreneurs. Here are some of the key insights we can expect:
1. Impact of COVID-19 on Entrepreneurship: The GEI 2022 will shed light on how the pandemic has impacted entrepreneurial activity and the overall ecosystem worldwide.
2. New Entrepreneurial Hotspots: The GEI 2022 will reveal which countries or regions have emerged as new hotspots for entrepreneurs.
3. Gender Gap in Entrepreneurship: The GEI 2022 will provide insights into how gender equality in entrepreneurship has improved or declined.
Conclusion
The GEI 2022 is expected to provide policymakers, investors, entrepreneurs, and academics with valuable insights into the entrepreneurship landscape across the globe. In a rapidly changing world, these insights are more important than ever, providing guidance on how to create better environments for entrepreneurs and drive economic growth and development. Stay tuned for the GEI 2022, set to be released soon.
