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Global competitiveness index vs. global entrepreneurship Index: a comparative analysis at the international scale

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The global competitiveness of countries is recognised as being impacted by several social, economic and cultural factors. Entrepreneurship is recognised for generating economic growth through the introduction of innovations in the market. In this perspective, this paper aims to analyse the relationship between entrepreneurship and competitiveness using cluster analysis and Pearson's correlation coefficient, based on the data and variables of the Global Competitiveness Index and the Global Entrepreneurship Index. The results show that the countries studied are in contexts that influence competitiveness and entrepreneurship in a similar way, and that the variables that drives the competitiveness influence entrepreneurship and vice versa.

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Global competitiveness index Global entrepreneurship index Clusters Development

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Suchek, Nathalia; Fernandes, Paula O.; Nascimento, Thiago (2019). Global competitiveness index vs. global entrepreneurship Index: a comparative analysis at the international scale. In 4th Regional Helix. Porto: Instituto Politécnico do Porto. p. 374-379. ISBN 978-989-98447-7-3

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Instituto Politécnico do Porto

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