👉🏼 Entrepreneurship plays a crucial role in economic development: it creates jobs, fosters innovation, improves productivity. However, wide disparities exist in entrepreneurial activity, measured by average rates of new business density, across income groups. ⁠ ⁠ 📊 Here are the five key takeaways from the seventh edition of the World Bank’s Entrepreneurship Database, which measures the level and dynamic of formal entrepreneurial activity in 180 economies since 2006. Learn more: worldbank.org/entrepreneurship [LINK IN BIO]⁠ ⁠ #entrepreneurship #entrepreneurs #businessenvironment #economicgrowth #probusiness #economicdevelopment #newbusiness #datasets #datavisualization