Springer publishes a book by UT authors: Entrepreneurship Viability Index

A New Model Based on the Global Entrepreneurship Monitor (GEM) Dataset

Authors: Faghih, Nezameddin, Bonyadi, Ebrahim, Sarreshtehdari, Lida

Introduces Entrepreneurship Viability Index, Entrepreneurial Ability Index, and Entrepreneurship Viability Coefficient

Examines statistical tools like survival data analysis, model selection, and hypothesis tests

Provides policymakers with guidelines to act better at the business market

About this book

This book presents the Entrepreneurship Viability Index (EVI) as a focal point to define other novel indices. It also introduces readers to new concepts and metrics of entrepreneurship to help measure the lifespan of entrepreneurial activities and quantify the capabilities of entrepreneurs as well as the share of efficient businesses at the country level.

Using a variety of mathematical models and providing details for each category of business, EVI is measured as the ratio of the ‘rate of entrepreneurial activities’ to the ‘rate of exit from the business’, reflecting the sustainability, durability, business success, and status of entrepreneurial activities in a country.

These metrics offer a unique opportunity for researchers and policymakers to assess the status of efficient entrepreneurial activities, which influence the economy, and to study economic resistance in the event of economic shocks or recessions.

The book provides valuable information on various key concepts in entrepreneurship, such as the interaction of individual and environmental factors, motivation and entrepreneurial activities, which allow the prediction of entrepreneurship treatment across countries. This in turn plays a significant role in identifying the factors that secure or threaten a country’s business sector. The book helps readers, researchers, policymakers, lenders, "angel investors" and anyone with a financial interest in entrepreneurial businesses to understand how even more viable businesses could be created than is the case today, and to recognize new categories of budding entrepreneurs.

https://www.springer.com/gp/book/9783030546434

About Authors

Nezameddin Faghih is the former UNESCO Chair holder,Professor Emeritus and UT  Adjunct Professor. He is also the founding Editor-in-Chief of the Journal of Global Entrepreneurships Research (Springer) . He has published more than 70 books and 100 research articles.

Ebrahim Bonyadi is an applied statistician in the areas of business and economics and a researcher at the Global Entrepreneurship Monitor (GEM) Office of the Faculty of Entrepreneurship, University of Tehran (Iran) . His scholarly research focuses on factors influencing entrepreneurship, business and economic growth.

Lida Sarreshtedari is an applied statistician focusing on entrepreneurship with expertise in the Global Entrepreneurship Monitor (GEM) dataset. She is a researcher at the Global Entrepreneurship Monitor (GEM) Office of the Faculty of Entrepreneurship, University of Tehran (Iran). She has published several reports on the domestic entrepreneurship since 2011.