ANALYSİING THE ENTREPRENEURSHIP PERFORMANCE FOR OECD COUNTRIES VIA ENTROPY-MAUT INTEGRATED TECHNIQUE

Abstract

The purpose of this article is to analyse the entrepreneurship performance for OECD countries based on the OECD data for the years 20142015. The set of entrepreneurship indicators are part of the OECD-Eurostat Entrpreneurship Indicators Program (EIP). EIP develops policyrelevant and internationally comparable indicators based on an analytical model and measurement infrastructure that allows gathering comparable data. The indicators that are used in this model are; employees by business size, enterprises by business size, self-employed with employees, self-employed without employees and starting a business. We measure the entrepreneurship performance of OECD countries by using the Entropy-Maut hybrid model. Entropy method has been used to determine the weights of the above mentioned indicators and also these weights have been used with MAUT (multi-attribute utility theory) to rank entrepreneurship performance which is an important indicator for the economic development. Our aim is to rank groups of countries with similar entrepreneurial indicators and to determine the drivers of entrepreneurship in each group. 

Keywords

• Entrepreneurship,multi attribute utility theory,entropy,Ranking,OECD

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