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Experts vs. Public, Who Knows Better? Factors Affecting High Growth Entrepreneurship in Developed and Developing CountriesHa, Su Min 01 January 2016 (has links)
This paper uses the Global Entrepreneurship Monitor data of approximately 200,000 surveys conducted on industry experts and general population to examine factors that have a significant impact on high growth Total Early-Stage Entrepreneurial Activity (TEA), with a focus on developed countries with GDP per capita of USD 20,000 or above. The results suggest that expert opinion has a significant positive correlation with high growth TEA in developed countries, while only the public sentiment has a meaningful relationship with high growth TEA in developing countries. Among the specific categories of the survey, access to funding and government regulations and support had the largest impact.
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