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Values of indicators are based on averaging the Z-scores (standardized values) for the economies in each of the three phases of economic development.
Indicators:
Entrepreneurial finance: availability of financial resources-equity and debt-for small and medium enterprises (including grants and subsidies).
National policy - regulations: taxes or regulations are either size-neutral or encourage new and small and medium enterprises.
National policy - general policy: entrepreneurship is viewed as a relevant economic issue.
Government entrepreneurship programs: presence and quality of programs directly assisting small and medium enterprises at all levels of government.
Entrepreneurship Education: extent to which training in creating or managing small and medium enterprises is incorporated within the education and training system at all levels.
R&D transfer: extent to which national research and development will lead to new commercial opportunities and is available to small and medium enterprises.
Commercial and legal infrastructure: presence of property rights, commercial, accounting and other legal and assessment services and institutions that support or promote small and medium enterprises.
Market dynamics and market openness: level of change in markets from year to year, and extent to which new firms are free to enter existing markets.
Physical infrastructure: ease of access to physical resources-communication, utilities, transportation, land or space.
Cultural and social norms: extent to which social and cultural norms encourage or allow actions leading to new business methods or activities that can potentially increase personal wealth and income.