Entrepreneurial life cycle perceived conditions in CEET countries

This statistic presents an assessment of conditions of three entrepreneurial life cycle phases - stand up, start up and scale up - in Central and Eastern Europe and Turkey as of 2014. With an average score of 3.3 (5.0 being the most positive), the conditions were perceived to be better for the stand up (promoting entrepreneurship) and start up (starting a business) phases than for scale up.

Average rating of conditions of entrepreneurial life cycle phases in Central and Eastern Europe and Turkey (CEET) as of 2014*

Characteristic	Average conditions rating (1= very unfavourable, 5 = very favourable)
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Release date

June 2014

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Region

CEE

Survey time period

2014

Number of respondents

278 respondents

Special properties

Individuals with experience or interest in entrepreneurship

Method of interview

Online survey

Supplementary notes

* The conditions were evaluated on a scale ranging from 1 to 5, with 1 for very unfavorable; 2 for somewhat unfavorable; 3 for neutral; 4 for somewhat favorable; 5 for very favorable.

The three phases of the life cycle of an innovation driven entrepreneurial venture – stand up, start up and scale up - are defined by the report Fostering Innovation-Driven Entrepreneurship in Europe in the following manner:
Stand up – Promoting the attitudes and skills required to mobilize Europeans with both the desire and the ability to create scalable entrepreneurial ventures.
Start up – Gathering the resources to start a business, with a particular focus on access to capital for entrepreneurs across the European Union.
Scale up – Enabling ventures to scale, with a particular focus on collaborations that simultaneously improve the innovation capacity of all partners to create growth and jobs across the region.

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