The Global Entrepreneurship and Development Institute (The GEDI Institute) is an entrepreneurship development institute and research organization that advances knowledge on links between entrepreneurship, economic development, and prosperity. The institute was founded by world-leading entrepreneurship scholars from the LSE, George Mason University, University of Pécs, and Imperial College London.
The GEDI Institute’s main contribution is the GEI index, a breakthrough in measuring the quality and dynamics of entrepreneurship ecosystems at a national, regional, and local level. Rigorous academic peer reviews had validated the GEI index methodology. It has been widely reported in media, including The Economist, The Wall Street Journal, Financial Times, and Forbes (see media tab).
The European Commission has also endorsed the methodology and has been using it to inform the allocation of EU Structural and Cohesion Funds. The GEDI Institute’s theoretical approach has also influenced entrepreneurship policy thinking in trans-national organizations such as United Nations Conference on Trade and Development. Further details can be found in the research tab.