Entrepreneurial Framwork Conditions index Asia 2023, by country

Entrepreneurial Framework Conditions (EFCs) index in selected countries in Asia in 2023, by condition

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Source

Use Ask Statista Research Service

Release date

February 2024

Region

Asia, China, India, Japan, South Korea, Thailand

Survey time period

2023

Special properties

based on expert ratings

Supplementary notes

Entrepreneurial Framework Conditions (EFCs) scale: 

0 = very inadequate, insufficient status

10 = very adequate, sufficient status



On its methodology, the source states the following:

"The NES is completed by selected experts in each GEM economy and collects views on the context in which entrepreneurship takes place in that economy. It provides information about the aspects of a country’s socio-economic characteristics that, according to research, have a significant impact on national entrepreneurship: referred to as the Entrepreneurship Framework Conditions (EFCs)."

A1. Entrepreneurial Finance Are there sufficient funds for new startups?

A2. Ease of Access to Entrepreneurial Finance: And are those funds easy to access?

B1. Government Policy: Support and Relevance: Do they promote and support startups?

B2. Government Policy: Taxes and Bureaucracy: Or are new businesses burdened?

C. Government Entrepreneurial Programs: Are quality support programs available?

D1. Entrepreneurial Education at School: Do schools introduce entrepreneurship ideas?

D2. Entrepreneurial Education Post-School: Do colleges offer courses in starting a business?

E. Research and Development Transfers: Can research be translated into new businesses?

F. Commercial and Professional Infrastructure: Are these sufficient and affordable?

G1. Ease of Entry: Market Dynamics Are markets free, open and growing?

G2. Ease of Entry: Burdens and Regulation Do regulations encourage or restrict entry?

H. Physical Infrastructure: Is this sufficient and affordable?

I. Social and Cultural Norms: Does culture encourage and celebrate entrepreneurship?

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