Abstract
Indicators for measuring and comparing entrepreneurship in different regions are important tools for understanding economic and social development and formulating strategies to bring improvements to less developed areas. The existing indicators are not adequate for this purpose because they do not link the economic and social factors that contribute to regional development and competitiveness. This paper structures and defines entrepreneurship economic and social indicators. Through an analysis of existing entrepreneurship indicators and a review of the literature on economic and social entrepreneurship, a selection of indicators was made capable of measuring, in an integrated and global way, entrepreneurship in cities, regions and countries. These indicators were then divided into six categories – enterprises, human resources, innovation, social economy, initiative and knowledge – and were grouped in an ‘entrepreneurship scoreboard’. This paper describes and defines these indicators and discusses their advantages and disadvantages in application, precautions that need to taken in interpreting them, and their compatibility and complementarities.
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