Entrepreneurship levels in countries such as Germany,Israel,the Republic of Korea,and the United States average the lowest of the

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The classification of economies into factor-driven, efficiency-driven, and innovation-driven is part of the Global Entrepreneurship Index (GEI). Innovation-driven economies typically have higher levels of entrepreneurship, while factor-driven economies have the lowest. Germany, Israel, the Republic of Korea, and the United States are all classified as innovation-driven economies. Therefore, their relatively low levels of entrepreneurship are surprising and noteworthy.

Entrepreneurship Levels in Countries Such as Germany,Israel,the Republic of Korea,and