Entrepreneurship framework conditions in the United States, by indicators 2019

This statistic shows the rates for entrepreneurship framework conditions in the United States in 2019, according to a selected set of indicators. According to data from the Global Entrepreneurship Monitor, in 2019, cultural and social norms had the highest evaluation of 7.68. In contrast to that, entrepreneurial education at the school stage was rated at 3.92, which is the lowest of all other indicators.

Entrepreneurship framework conditions in the United States in 2019, by indicators

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Source

Release date

February 2020

Region

United States

Survey time period

2019

Number of respondents

36 experts

Special properties

data is composed of the National Expert Survey

Method of interview

Questionnaire

Supplementary notes

Values of indicators are based on averaging the Z-scores (standardized values) for the economies in each of the three phases of economic development.
Indicators:
Entrepreneurial finance: availability of financial resources-equity and debt-for small and medium enterprises (including grants and subsidies).
National policy - regulations: taxes or regulations are either size-neutral or encourage new and small and medium enterprises.
National policy - general policy: entrepreneurship is viewed as a relevant economic issue.
Government entrepreneurship programs: presence and quality of programs directly assisting small and medium enterprises at all levels of government.
Entrepreneurship Education: extent to which training in creating or managing small and medium enterprises is incorporated within the education and training system at all levels.
R&D transfer: extent to which national research and development will lead to new commercial opportunities and is available to small and medium enterprises.
Commercial and legal infrastructure: presence of property rights, commercial, accounting and other legal and assessment services and institutions that support or promote small and medium enterprises.
Market dynamics and market openness: level of change in markets from year to year, and extent to which new firms are free to enter existing markets.
Physical infrastructure: ease of access to physical resources-communication, utilities, transportation, land or space.
Cultural and social norms: extent to which social and cultural norms encourage or allow actions leading to new business methods or activities that can potentially increase personal wealth and income.

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