Evaluation of the Global Entrepreneurship Index validity

Detalhes bibliográficos
Autor(a) principal: Avancci Dionisio, Eduardo
Data de Publicação: 2022
Outros Autores: Silva, Dirceu, Quadros Carvalho, Ruy, Inácio Júnior, Edmundo
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
Texto Completo: https://www.regepe.org.br/regepe/article/view/2050
Resumo: Purpose: our objective is to assess whether the Global Entrepreneurship Index (GEI) is a valid methodology for measuring the national systems of entrepreneurship. Theoretical framework: we use the structural equation modeling (SEM) as a theoretical lens to evaluate the Global Entrepreneurship Index. Design/methodology/approach: to achieve the research objective, we perform structural equation modeling to measure the formative model of GEI, using the SmartPLS 3.0 software, in order to verify the convergent validity of the constructs; the collinearity of indicators and their relevance for measuring entrepreneurship. Findings: the results obtained show that the sub-indices and indicators are adequate to measure entrepreneurship. However, we identified that there is a need to replace the micro-level components of the opportunity perception and networking indicators which provide distorted results of what is understood as productive or high impact entrepreneurship. Research, practical and social implications: the main contributions of our study are directed to the indicators’ developers. We suggest the use of components that capture aspects associated with high-impact or technology-based entrepreneurship instead of any attempt to create a new business, as our results indicate that generic components provide short-sighted results on the state of entrepreneurship, hampering comparative studies at the country-level. Originality/value: although the GEI is based on the OECD recommendations for the construction of composite indicators (indices), we have not identified any studies (not even performed by the GEI developers) on the validity of the index as a methodology for measuring entrepreneurship.
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spelling Evaluation of the Global Entrepreneurship Index validityEvaluación de la validez del Global Entrepreneurship IndexAvaliação da validade do Global Entrepreneurship IndexSistema Nacional de Empreendedorismo. Ecossistema de Empreendedorismo. Índice compostoNational Systems of EntrepreneurshipEntrepreneurial EcosystemsComposite IndexSistema Nacional de EmprendimientoEcosistema de EmprendimientoÍndice compuestoPurpose: our objective is to assess whether the Global Entrepreneurship Index (GEI) is a valid methodology for measuring the national systems of entrepreneurship. Theoretical framework: we use the structural equation modeling (SEM) as a theoretical lens to evaluate the Global Entrepreneurship Index. Design/methodology/approach: to achieve the research objective, we perform structural equation modeling to measure the formative model of GEI, using the SmartPLS 3.0 software, in order to verify the convergent validity of the constructs; the collinearity of indicators and their relevance for measuring entrepreneurship. Findings: the results obtained show that the sub-indices and indicators are adequate to measure entrepreneurship. However, we identified that there is a need to replace the micro-level components of the opportunity perception and networking indicators which provide distorted results of what is understood as productive or high impact entrepreneurship. Research, practical and social implications: the main contributions of our study are directed to the indicators’ developers. We suggest the use of components that capture aspects associated with high-impact or technology-based entrepreneurship instead of any attempt to create a new business, as our results indicate that generic components provide short-sighted results on the state of entrepreneurship, hampering comparative studies at the country-level. Originality/value: although the GEI is based on the OECD recommendations for the construction of composite indicators (indices), we have not identified any studies (not even performed by the GEI developers) on the validity of the index as a methodology for measuring entrepreneurship.Objetivo: nuestro objetivo es evaluar si el Global Entrepreneurship Index es un método válido para medir los sistemas nacionales de emprendimiento. Método: para lograr el objetivo, realizamos un modelado de ecuaciones estructurales para medir el modelo formativo del Global Entrepreneurship Index (GEI), utilizando el software SmartPLS 3.0, con el fin de verificar si los indicadores del GEI son convergentes para los constructos; la colinealidad de los indicadores y su relevancia para medir el espíritu empresarial a nivel de país. Originalidad/Relevancia: si bien el GEI se basa em las recomendaciones de la OCDE para la construcción de indicadores compuestos (índices), no hemos identificado ningún estudio (ni siquiera realizado por los desarrolladores del GEI) sobre la validez del índice como instrumento de medición del emprendimiento. Resultados: los resultados obtenidos muestran que los subíndices e indicadores son adecuados para medir el emprendimiento. Sin embargo, identificamos que existe la necesidad de reemplazar los componentes a nivel micro de los indicadores “opportunity perception” y “networking” que brindan resultados distorsionados de lo que se entiende como emprendimiento productivo o de alto impacto. Contribuciones teóricas/metodológicas: las principales contribuciones de nuestro estúdio están dirigidas a los desarrolladores de indicadores. Sugerimos el uso de componentes que capturen aspectos asociados con el emprendimiento de alto impacto o de base tecnológica en lugar de cualquier intento de crear un nuevo negocio, ya que nuestros resultados indican que los componentes genéricos brindan resultados miopes sobre el estado del emprendimiento, dificultando los estudios comparativos a nivel del país.Objetivo: avaliar se o Global Entrepreneurship Index (GEI) é uma metodologia válida para mensurar os sistemas nacionais de empreendedorismo. Método: modelagem de equações estruturais, com a utilização do software SmartPLS 3.0, a fim de mensurar o modelo formativo do GEI, e verificar a validade convergente dos construtos, a colinearidade dos indicadores e sua relevância para o empreendedorismo. Originalidade/Relevância: ainda que o GEI se baseie nas recomendações da OCDE para a construção de indicadores compostos (índices), nenhum estudo (nem mesmo elaborado pelos desenvolvedores do GEI) foi encontrado sobre a validade do índice como metodologia de mensuração do empreendedorismo. Resultados: os subíndices e os indicadores analisados se mostraram adequados para mensurar o empreendedorismo, embora haja a necessidade de substituir os componentes de nível micro dos indicadores “opportunity perception” e “networking”, tendo em vista os resultados distorcidos apresentados do que se entende como empreendedorismo produtivo. Contribuições teóricas/metodológicas: as principais contribuições deste estudo estão direcionadas aos desenvolvedores de indicadores, pois é sugerido o uso de componentes capazes de capturar aspectos associados ao empreendedorismo de alto impacto e de base tecnológica, em vez da criação de um novo negócio. Isso se dá porque componentes genéricos fornecem resultados míopes sobre o estado do empreendedorismo, prejudicando, assim, estudos comparativos em nível de país.ANEGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas2022-09-22info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://www.regepe.org.br/regepe/article/view/205010.14211/ibjesb.e2050REGEPE Entrepreneurship and Small Business Journal; Vol. 11 No. 2 (2022): May/Aug.; e2050REGEPE Entrepreneurship and Small Business Journal; Vol. 11 Núm. 2 (2022): mayo/ago.; e2050REGEPE Entrepreneurship and Small Business Journal; v. 11 n. 2 (2022): maio/ago.; e20502965-1506reponame:Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPEinstname:Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)instacron:ANEGEPEporenghttps://www.regepe.org.br/regepe/article/view/2050/523https://www.regepe.org.br/regepe/article/view/2050/524Copyright (c) 2022 Eduardo Avancci Dionisio, Dirceu Silva, Ruy Quadros Carvalho, Edmundo Inácio Júniorhttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessAvancci Dionisio, EduardoSilva, DirceuQuadros Carvalho, RuyInácio Júnior, Edmundo2023-03-25T14:39:04Zoai:ojs.regepe.org.br:article/2050Revistahttps://www.regepe.org.br/regepe/indexPRIhttps://www.regepe.org.br/regepe/oaieditorialregep@gmail.com2316-20582316-2058opendoar:2023-03-25T14:39:04Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)false
dc.title.none.fl_str_mv Evaluation of the Global Entrepreneurship Index validity
Evaluación de la validez del Global Entrepreneurship Index
Avaliação da validade do Global Entrepreneurship Index
title Evaluation of the Global Entrepreneurship Index validity
spellingShingle Evaluation of the Global Entrepreneurship Index validity
Avancci Dionisio, Eduardo
Sistema Nacional de Empreendedorismo. Ecossistema de Empreendedorismo. Índice composto
National Systems of Entrepreneurship
Entrepreneurial Ecosystems
Composite Index
Sistema Nacional de Emprendimiento
Ecosistema de Emprendimiento
Índice compuesto
title_short Evaluation of the Global Entrepreneurship Index validity
title_full Evaluation of the Global Entrepreneurship Index validity
title_fullStr Evaluation of the Global Entrepreneurship Index validity
title_full_unstemmed Evaluation of the Global Entrepreneurship Index validity
title_sort Evaluation of the Global Entrepreneurship Index validity
author Avancci Dionisio, Eduardo
author_facet Avancci Dionisio, Eduardo
Silva, Dirceu
Quadros Carvalho, Ruy
Inácio Júnior, Edmundo
author_role author
author2 Silva, Dirceu
Quadros Carvalho, Ruy
Inácio Júnior, Edmundo
author2_role author
author
author
dc.contributor.author.fl_str_mv Avancci Dionisio, Eduardo
Silva, Dirceu
Quadros Carvalho, Ruy
Inácio Júnior, Edmundo
dc.subject.por.fl_str_mv Sistema Nacional de Empreendedorismo. Ecossistema de Empreendedorismo. Índice composto
National Systems of Entrepreneurship
Entrepreneurial Ecosystems
Composite Index
Sistema Nacional de Emprendimiento
Ecosistema de Emprendimiento
Índice compuesto
topic Sistema Nacional de Empreendedorismo. Ecossistema de Empreendedorismo. Índice composto
National Systems of Entrepreneurship
Entrepreneurial Ecosystems
Composite Index
Sistema Nacional de Emprendimiento
Ecosistema de Emprendimiento
Índice compuesto
description Purpose: our objective is to assess whether the Global Entrepreneurship Index (GEI) is a valid methodology for measuring the national systems of entrepreneurship. Theoretical framework: we use the structural equation modeling (SEM) as a theoretical lens to evaluate the Global Entrepreneurship Index. Design/methodology/approach: to achieve the research objective, we perform structural equation modeling to measure the formative model of GEI, using the SmartPLS 3.0 software, in order to verify the convergent validity of the constructs; the collinearity of indicators and their relevance for measuring entrepreneurship. Findings: the results obtained show that the sub-indices and indicators are adequate to measure entrepreneurship. However, we identified that there is a need to replace the micro-level components of the opportunity perception and networking indicators which provide distorted results of what is understood as productive or high impact entrepreneurship. Research, practical and social implications: the main contributions of our study are directed to the indicators’ developers. We suggest the use of components that capture aspects associated with high-impact or technology-based entrepreneurship instead of any attempt to create a new business, as our results indicate that generic components provide short-sighted results on the state of entrepreneurship, hampering comparative studies at the country-level. Originality/value: although the GEI is based on the OECD recommendations for the construction of composite indicators (indices), we have not identified any studies (not even performed by the GEI developers) on the validity of the index as a methodology for measuring entrepreneurship.
publishDate 2022
dc.date.none.fl_str_mv 2022-09-22
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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status_str publishedVersion
dc.identifier.uri.fl_str_mv https://www.regepe.org.br/regepe/article/view/2050
10.14211/ibjesb.e2050
url https://www.regepe.org.br/regepe/article/view/2050
identifier_str_mv 10.14211/ibjesb.e2050
dc.language.iso.fl_str_mv por
eng
language por
eng
dc.relation.none.fl_str_mv https://www.regepe.org.br/regepe/article/view/2050/523
https://www.regepe.org.br/regepe/article/view/2050/524
dc.rights.driver.fl_str_mv https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
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application/pdf
dc.publisher.none.fl_str_mv ANEGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas
publisher.none.fl_str_mv ANEGEPE - Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas
dc.source.none.fl_str_mv REGEPE Entrepreneurship and Small Business Journal; Vol. 11 No. 2 (2022): May/Aug.; e2050
REGEPE Entrepreneurship and Small Business Journal; Vol. 11 Núm. 2 (2022): mayo/ago.; e2050
REGEPE Entrepreneurship and Small Business Journal; v. 11 n. 2 (2022): maio/ago.; e2050
2965-1506
reponame:Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
instname:Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)
instacron:ANEGEPE
instname_str Associação Nacional de Estudos em Empreendedorismo e Gestão de Pequenas Empresas (ANEGEPE)
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reponame_str Revista de Empreendedorismo e Gestão de Pequenas Empresas - REGEPE
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