INCREASING THE SUPPLY OF ENTREPRENEURSHIP IN APEC: A SCORECARD APPROACH

This study employs the Global Entrepreneurship Monitor (GEM) Model to examine the entrepreneurial environment of fourteen APEC economies, members of the GEM Consortium. If “the positive and statistically robust link between entrepreneurship and economic growth has been indisputably verified” (Audretsch et al. 2002), then the supply of entrepreneurship is critical for sustained economic activity in a country. We exploit the GEM 2002 dataset in a “Scorecard Approach” to compare and contrast the level of entrepreneurial framework conditions within these APEC economies.