The Regional Entrepreneurship and Development Index (REDI): The Case of Spain

Acs, Zoltan J.; Szerb, László; Ortega-Argilés, Raquel; Coduras, Alicia; Aidis, Ruta

doi:10.2139/ssrn.1970009

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The Regional Entrepreneurship and Development Index (REDI): The Case of Spain

GMU School of Public Policy Research Paper No. 2012-04 (revised)

43 Pages Posted: 9 Dec 2011 Last revised: 28 Oct 2015

See all articles by Zoltan J. Acs

Raquel Ortega-Argilés

University of Birmingham - Birmingham Business School, City REDI institute ; University of Groningen - Faculty of Economics and Business

Ruta Aidis

University College London; University of Amsterdam - Faculty of Economics and Business (FEB)

Date Written: June 15, 2012

Abstract

This paper constructs a Regional Entrepreneurship and Development Index (REDI) that captures the contextual features of entrepreneurship across regions. Using both institutional data and survey data weaknesses in the incentive structure that affects regional development can be identified. The entrepreneurial disparities among regions are analysed at the country and regional level using a penalty for bottleneck methodology. The methodology allows us to coordinate public policy action at national and regional levels.

Keywords: Entrepreneurship, Regional Development, Stages of Growth, GEDI, Entrepreneurship policy

JEL Classification: L26, R11, R58

Suggested Citation: Suggested Citation

Acs, Zoltan J. and Szerb, Laszlo and Ortega-Argilés, Raquel and Coduras, Alicia and Aidis, Ruta, The Regional Entrepreneurship and Development Index (REDI): The Case of Spain (June 15, 2012). GMU School of Public Policy Research Paper No. 2012-04 (revised), Available at SSRN: https://ssrn.com/abstract=1970009 or http://dx.doi.org/10.2139/ssrn.1970009