Measured via the Adult Population Survey (APS)
Perceived Opportunities Rate
Percentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who see good opportunities to start a firm in the area where they live
Perceived Capabilities Rate
Percentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who believe they have the required skills and knowledge to start a business
Fear of Failure Rate
Percentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who indicate that fear of failure would prevent them from setting up a business
Entrepreneurial Intentions Rate
Percentage of 18-64 population (individuals involved in any stage of entrepreneurial activity excluded) who are latent entrepreneurs and who intend to start a business within three years
Total early-stage Entrepreneurial Activity (TEA) Rate
Percentage of 18-64 population who are either a nascent entrepreneur or owner-manager of a new business
Established Business Ownership Rate
Percentage of 18-64 population who are currently an owner-manager of an established business, i.e., owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than 42 months
Entrepreneurial Employee Activity Rate
Rate of involvement of employees in entrepreneurial activities, such as developing or launching new goods or services, or setting up a new business unit, a new establishment or subsidiary
Motivational Index
Percentage of those involved in TEA that are improvement-driven opportunity motivated, divided by the percentage of TEA that is necessity-motivated
Female/Male TEA Ratio
Percentage of female 18-64 population who are either a nascent entrepreneur or owner-manager of a 'new business', divided by the equivalent percentage for their male counterparts
Female/Male Opportunity-Driven TEA Ratio
Percentage of those females involved in TEA who (i) claim to be driven by opportunity as opposed to finding no other option for work; and (ii) who indicate the main driver for being involved in this opportunity is being independent or increasing their income, rather than just maintaining their income, divided by the equivalent percentage for their male counterparts
High Job Creation Expectation Rate
Percentage of those involved in TEA who expect to create 6 or more jobs in 5 years
Innovation Rate
Percentage of those involved in TEA who indicate that their product or service is new to at least some customers AND that few/no businesses offer the same product
Business Services Sector Rate
Percentage of those involved in TEA in the 'Business Services' sector - Information and Communication, Financial Intermediation and Real Estate, Professional Services or Administrative Services, as defined by the ISIC 4.0 Business Type Codebook
High Status to Successful Entrepreneurs Rate
Percentage of 18-64 population who agree with the statement that in their country, successful entrepreneurs receive high status
Entrepreneurship as a Good Career Choice Rate
Percentage of 18-64 population who agree with the statement that in their country, most people consider starting a business as a desirable career choice