Beware of infographics, especially if the findings are too good to be true
June 28, 2012 by Terence LEE
So Indonesia is now officially more entrepreneurial than United States or Germany.
That’s according to an infographic by Gist, which describes the Silicon Valleys of the world. While I’m not trying to diss Indonesians, I find the results somewhat suspicious. So I went snooping around.
It turns out that the conclusion is derived from an “Entrepreneurship Index”, which gave Indonesia a score of 2.81 and the US a score of 2.8.
The scores come from a survey in which people were asked to gauge the following about their country: Whether innovation and creativity are highly valued, how easy it is for people to start a business, whether people who start their own businesses are highly valued, and whether people with good ideas can usually put them into practice.
The infographic revealed that Indonesia ranked 48th in the world for attractiveness to investors. The country has also apparently made it easier for entrepreneurs to get funds and start a business. Read more








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