Ecuador has the world's highest share of nascent entrepreneurs per capita at about 30 percent of the population. This measure is known as total early-stage entrepreneurial activity (TEA). But, does this mean that Ecuador is more entrepreneurial than the United States, which has a TEA of only 14 percent? The answer depends on how we define “entrepreneur”.
One key global economic growth driver is the ability of an entrepreneur to bring a concept to market, adding to national income, providing new goods and services, and creating jobs. In doing so, innovative entrepreneurship contributes to the foundation of a stable and civil society. By this definition, the United States is the most entrepreneurial country in the world, according to the Global Entrepreneurship Index (GEI).
The GEI is a complex, multifaceted measure of national-level entrepreneurship ecosystems. GEI evaluates 14 components of the entrepreneurship ecosystems of 137 countries worldwide. For evaluation purposes, GEI defines entrepreneurship ecosystems as the “dynamic, institutionally embedded interaction between entrepreneurial attitudes, entrepreneurial abilities, and entrepreneurial aspirations by individuals, which drives the allocation of resources through the creation and operation of new ventures”.
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India is not only the third largest economy in the world, but of the top 10 largest economies globally, it has the third highest share of bad loans, too. India's non-performing loans represent 10 percent of total bank loans and about $210 billion of outstanding debt. Since 2008 when attention shifted globally to financial stability and the role of the banking sector, the share of non-performing loans in India has grown by 7.5 percent and is expected to worsen in the coming years, according to the Central Bank of India.To preempt a major national banking crisis, New Delhi is striving to clean up stressed debt with the help of resolution...
Today Starbucks is the largest coffeehouse company in the world, with 27,339 retail locations as of the first quarter of 2018, followed distantly by such coffee shop chains as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985 to become the publicly traded Starbucks Corporation. Based on the company's positive, sustained operating results, it is ranked among Forbes' top-500 world's biggest public companies. As of 2017, Starbucks' profit was $2.9 billion and it had a market...
According to the 2016 Forbes World's Billionaires List, the total number of billionaires worldwide expanded to 1,810. The aggregate net worth of the list's members exceeded $6 trillion, while the average net worth was $3.6 billion. Source: Forbes World's Billionaires