Measuring Global Entrepreneurship Index of Indonesia among ASEAN 6 Countries

Elistia, Suryari Purnama, Nina Nurhasanah, Aliaras Wahid

2018

Abstract

GEI (Global Entrepreneurship Index) has a contextual feature of entrepreneurship by focusing on Entrepreneurial Attitudes (ATT), Entrepreneurial Abilities (ABT), and Entrepreneurial Aspirations (ASP). This paper purposes in measuring Global Entrepreneurship Index of Indonesia among ASEAN 6 (six) Countries. The implementation of the ASEAN Economic Community (AEC) 2015 will create economic activity with very high mobility and can open business opportunities and employment, but also at the same time become a huge challenge for countries in the ASEAN region, including Indonesia. For this reason, we need to know how that position of Indonesia is in the Global Entrepreneurship Index (GEI) among the 6 (six) ASEAN member countries, namely: Indonesia, Philippine, Malaysia, Singapore, Thailand and Brunei Darussalam. From the results of the literature review of the GEI report starting from 2015 - 2017, Indonesia's position is at the lowest rank among the 6 (six) ASEAN countries. So, answering these conditions, it is necessary to understand what the government's efforts are in the effort to improve Sustainable Global Entrepreneurship.To spur the development of entrepreneurship, the Indonesian government launched the National Entrepreneurship Movement (GKN), with the aim of increasing the number of Indonesian entrepreneurs.According to Sarkar (2014), this interest has been fuelled by the desire to understand how entrepreneurship influences the economy of a country. Both the economists and policymakersrecognize the effect of entrepreneurship on the economy of a country. Moreover, the research conducted by Elistia (2017) found results that stated that the Total Entrepreneurship Activity (TEA) and Economic Growth (GDP) in Indonesia had a strong positive correlation between TEA and GDP of 0.853 (Pearson correlation). So it can be concluded that entrepreneurship has an impact on increasing economic growth in Indonesia, this is expected to increase Indonesia's GEI Index ranking.

Paper Citation

in Harvard Style

Elistia., Purnama S., Nurhasanah N. and Wahid A. (2018). Measuring Global Entrepreneurship Index of Indonesia among ASEAN 6 Countries.In Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI, ISBN 978-989-758-458-9, pages 2794-2801. DOI: 10.5220/0009952827942801

in Bibtex Style

@conference{icri18,
author={Elistia and Suryari Purnama and Nina Nurhasanah and Aliaras Wahid},
title={Measuring Global Entrepreneurship Index of Indonesia among ASEAN 6 Countries},
booktitle={Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI,},
year={2018},
pages={2794-2801},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009952827942801},
isbn={978-989-758-458-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI,
TI - Measuring Global Entrepreneurship Index of Indonesia among ASEAN 6 Countries
SN - 978-989-758-458-9
AU - Elistia.
AU - Purnama S.
AU - Nurhasanah N.
AU - Wahid A.
PY - 2018
SP - 2794
EP - 2801
DO - 10.5220/0009952827942801