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Education, Training and Networking for Entrepreneurship in ...

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The framework overall<br />

The framework <strong>for</strong> entrepreneurship has now<br />

been exam<strong>in</strong>ed <strong>in</strong> terms of 14 cultural <strong>and</strong> <strong>in</strong>stitutional<br />

conditions. Several of the conditions<br />

have changed a little over the years, <strong>and</strong> Denmark<br />

is more or less like other societies.<br />

Overall, how has the framework changed <strong>in</strong><br />

Denmark? How does the framework <strong>in</strong> Denmark,<br />

overall, compare to the framework elsewhere?<br />

To exam<strong>in</strong>e the trend, we can average the assessments<br />

of the 14 conditions studied above.<br />

The framework <strong>in</strong> Denmark, overall, has changed<br />

over the years, Table 4.29. The framework has<br />

improved over time, perhaps except <strong>for</strong> 2008.<br />

Table 4.30<br />

Mean of national framework conditions<br />

Societies with the best framework,<br />

societies with the weakest framework,<br />

<strong>and</strong> Denmark<br />

2002-08, weighted toward 2008<br />

USA 3.6<br />

Taiwan 3.5<br />

S<strong>in</strong>gapore 3.4<br />

Hong Kong 3.4<br />

Icel<strong>and</strong> 3.3<br />

…<br />

Denmark 3.1 63 percentile rank<br />

…<br />

Pol<strong>and</strong> 2.5<br />

Japan 2.5<br />

Bosnia 2.4<br />

Table 4.29<br />

Mean of national framework conditions<br />

<strong>in</strong> Denmark<br />

Annually from 2002 to 2008<br />

2002 2003 2004 2005 2006 2007 2008<br />

2.8 2.9 2.9 3.0 3.1 3.2 3.1<br />

The framework <strong>in</strong> each society can be ascerta<strong>in</strong>ed<br />

by the average across the 14 conditions,<br />

Table 4.30. The framework, overall, is best <strong>in</strong><br />

the USA, Taiwan, S<strong>in</strong>gapore, Hong Kong <strong>and</strong><br />

Icel<strong>and</strong>. Denmark has a framework that, overall,<br />

is a little better than the typical framework <strong>in</strong><br />

the developed countries, with 63% of the developed<br />

countries hav<strong>in</strong>g a framework less good<br />

than the framework <strong>in</strong> Denmark.<br />

Several conclusions can be drawn from the<br />

above analyses of framework conditions, their<br />

changes <strong>in</strong> Denmark, <strong>and</strong> their favorableness <strong>in</strong><br />

Denmark <strong>in</strong> comparison to other developed<br />

countries.<br />

com<strong>in</strong>g less favorable. On the whole, the Danish<br />

framework <strong>for</strong> entrepreneurship has become<br />

more favorable over time.<br />

Where does this improvement br<strong>in</strong>g Denmark<br />

compared to other countries? Most of the Danish<br />

framework conditions are rather close to the<br />

typical situation <strong>for</strong> developed countries, <strong>and</strong><br />

rank around the middle among the developed<br />

countries. Some conditions are much more favorable<br />

<strong>in</strong> Denmark than typical among the developed<br />

countries. Conversely, a few conditions<br />

are much less favorable <strong>in</strong> Denmark than typical<br />

among the developed countries. So, overall,<br />

the framework <strong>in</strong> Denmark is a little better than<br />

is typical <strong>for</strong> the developed countries.<br />

How the framework conditions affect entrepreneurship<br />

will be exam<strong>in</strong>ed next.<br />

In recent years several of the Danish framework<br />

conditions have become more favorable <strong>and</strong><br />

are more favorable today than some years ago.<br />

A few of the framework conditions seem to be<br />

stable, without becom<strong>in</strong>g more favorable or be<br />

36

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