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Entrepreneurship in the European Union: Unified Is Not Uniform

Author

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  • Mark Potts

    (Saginaw Valley State University, USA)

  • George M. Puia

    (Saginaw Valley State University, USA)

Abstract

Entrepreneurship research posits that high potential new firms are the leading source of employment growth (Acs et al., 2008), wealth creation (Venkataraman, 1997), and economic development (EC, 1999). The European Union’s Lisbon Strategy recognized the significant role of entrepreneurs in creating employment (EC, 2000). The authors posit that a “Unified Europe” is not the same as a “Uniform Europe.” Using states in the United States as a comparative unit of analysis, the authors demonstrate ways in which differences in endowments (e.g., human capital, support for entrepreneurship, and regulatory environment) dynamically influence entrepreneurial outcomes. This analysis identifies challenges faced by local entrepreneurs in the context of Europe 2020.

Suggested Citation

  • Mark Potts & George M. Puia, 2011. "Entrepreneurship in the European Union: Unified Is Not Uniform," International Journal of E-Entrepreneurship and Innovation (IJEEI), IGI Global, vol. 2(3), pages 11-22, July.
    • Handle: RePEc:igg:jeei00:v:2:y:2011:i:3:p:11-22
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    Cited by:

    1. Puia M. George & Potts Mark, 2017. "Regional Approaches to Global Uncertainty," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 120-125, December.

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