Exploring the Nexus of Prosperity, Innovation, and Entrepreneurship: A Quantitative Study Using Open Data

May 8, 2023May 8, 2023 Discipline: Business and Management

Objective: The primary objective of this dissertation is to investigate the
relationships among prosperity, innovation, and entrepreneurship using open
data sources. The study aims to identify the key factors that contribute to the
enhancement of prosperity, foster innovation, and encourage
entrepreneurship in various regions worldwide. 

Data Sources: 
World Bank Open Data (https://data.worldbank.org/): Provides access to
various socioeconomic indicators, including GDP per capita, ease of doing
business, and R&D expenditure. This database can help measure prosperity,
innovation, and entrepreneurship levels across countries. 
Global Innovation Index (https://www.globalinnovationindex.org/): Offers a
comprehensive ranking of countries based on their innovation performance,
with detailed metrics covering institutions, human capital and research,
infrastructure, market and business sophistication, and creative outputs.
Global Entrepreneurship Monitor (https://www.gemconsortium.org/): Offers
annual data on entrepreneurial activities, aspirations, and attitudes of
individuals across multiple countries. This data source can be used to assess
the prevalence and nature of entrepreneurship in various regions.

Eurostat (https://ec.europa.eu/eurostat/): Provides access to various
indicators related to the European Union and its member countries. This
database contains data on innovation, entrepreneurship, and economic
performance, which can be used to explore regional patterns and trends. 

OECD.Stat (https://stats.oecd.org/): Offers a wide range of economic and
social indicators for the member countries of the Organization for Economic
Cooperation and Development (OECD). This database includes data on
innovation, entrepreneurship, and well-being, which can be used to analyze
relationships among the three concepts.   

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