The Index of Dynamic Entrepreneurship (IDE), a joint initiative between Prodem and the Global Entrepreneurship Network (GEN), serves as a diagnostic tool for policymakers and ecosystem developers. It provides timely indicators on the systemic conditions for dynamic entrepreneurship worldwide, fostering critical conversations grounded in shared evidence, a robust theoretical framework, and a proven methodology.
This year, the IDE report includes two complementary analyses alongside its usual rankings and metrics: (a) an analysis exploring whether top-performing ecosystems share a single systemic configuration or, alternatively, if multiple pathways lead to high performance, and (b) a deeper exploration of sustainable entrepreneurship, with a focus on green entrepreneurship and its connection to systemic conditions.
The main results of the 2024 IDE Report are the following:
Top performers: Sweden, Finland, the Netherlands, the US, and Israel show the best systemic conditions for dynamic entrepreneurship. These countries tend to outperform in entrepreneurial human capital, science, technology & innovation (STI) platform, social capital and financing.
Challengers and regional leaders: this second group includes some of the closest followers like the UK, Ireland, and Norway, but also some emerging countries that are championing in their regions such as Estonia in Central Europe, China in Southeast Asia, and the United Arab Emirates in the MENA region.
Pathways to Success: Interestingly, our estimations reveal that just a couple of possible configurations of systemic conditions could be associated with top performers’ ecosystems, somehow supporting recent results from European regions. Also, we show that a certain degree of balance among the different IDE dimensions should be present to be at the top.
2023-2024 trends: While most countries experienced a decline in financing, driven by reduced venture capital investments, there were some improvements in demandside conditions and entrepreneurial human capital—two variables often correlated.
Insights on Green Entrepreneurship: We identified: (1) that green entrepreneurs have a critical role to play, both in developed as well as in developing countries, and (2) most developed countries exhibit some advantageous conditions for the emergence of green entrepreneurs given some specific requirements of this segment of new ventures such as their greater reliance on scientific knowledge and their need for
developed markets and regulations for sustainable goods and services which today are more present in the developed world.
Overall, these findings along with the detailed profiles of individual countries presented in this report, offer ecosystem developers with detailed data and actionable insights on the state of systemic conditions for dynamic entrepreneurship, and particularly, green entrepreneurs. These findings are especially relevant today, as sustainable entrepreneurs emerge as key drivers of transformative efforts toward the Sustainable Development Goals.