In order to measure the goodness of entrepreneurial activities, we need to probe into some outcomes derived from entrepreneurship in a country. At first glance, it seems the GDP can be considered one of them. Have you further ideas?
Is the GDP the right choice?
Job creation - employment and unemployment rates, business ownership rates
The final result of the entrepreneurial is the realization of business activities that successfull and beneficial for its stakeholders. So, thus GDP is not the final goal, but in line with the successfull businesses, the GDP will automaticly be rised.
innovation for to future and Job Creation for growth bussines
The link between firm entries/exits (an aspect of entrepreneurship) and Total Factor Productivity (TFP) has also been studied.
You may consider job creation and business performance.more suitable to my country.
I agree with Sylvain Remy, you should have in mind how many new companies are created and how many survive.
Regards
Gustavo Concari
Suggest a measure of output of new product to GDP. Implies new, risky investment, and innovation.
Not just GDP , but also various number of cash flows which gives positive net balance (Net Profit) other than existing registered business.
Desde la óptica de modelo RACIMO, el producto final de hecho no es el impacto en lo económico, bueno no solamente, o más bien: el impacto económico es sólo añadidura al verdadero y gran beneficio que es el bienestar de la sociedad. La generación de ingreso de manera formal, esforzada y con estándares que se fundamenten en valores y principios edificantes promueve cambios culturares que trascienden a la familia y desde la familia a incidir en mayor calidad de vida para una nación.
As per financial aspect may possibly GDP but from bigger angle it should be how they promote, develop and implement innovation.
entrepreneurial activities can contribute to GDP. However, a sustainable approach has to be taken to ensure the continuous growth of the economy.
GDP is unlikely to be a good choice.
However, if you can break GDP by Sector & contribution from new enterprises, it could throw up interesting observations.
in fact the GDP is an indirect , but an important concern. However, the immediate income in tums of revenue and profit is the main concern of entrepreneurs.
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