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Persistence of Regional Entrepreneurship: Causes, Effects, and Directions for Future Research

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  • Michael Fritsch

    (School of Economics and Business Administration, Friedrich-Schiller-University Jena)

  • Michael Wyrwich

    (School of Economics and Business Administration, Friedrich-Schiller-University Jena)

Abstract

This paper reviews the empirical evidence of persistent levels of regional self-employment and new business formation and the effect this persistence has on development. It is argued that a regional culture of entrepreneurship plays an important role in explaining persistence of entrepreneurship. We discuss possible explanations for the emergence of a culture of entrepreneurship, and how it becomes self-perpetuating over time. Finally, we draw policy implications and identify some promising avenues for further research.

Suggested Citation

  • Michael Fritsch & Michael Wyrwich, 2017. "Persistence of Regional Entrepreneurship: Causes, Effects, and Directions for Future Research," Jena Economics Research Papers 2017-003, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2017-003
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    as
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    Cited by:

    1. Ramona SIMU? & Daniel BÃDULESCU & Elena ?TIUBE & Drago? DIANU, 2019. "Do Entrepreneurship And Business Formation Generate Economic Growth? A Regional Analysis For Romania," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 615-625, November.
    2. Michael Fritsch & Korneliusz Pylak & Michael Wyrwich, 2019. "Persistence of Entrepreneurship in Different Historical Contexts," Jena Economics Research Papers 2019-003, Friedrich-Schiller-University Jena.
    3. Michael Fritsch & Michael Wyrwich, 2018. "Regional knowledge, entrepreneurial culture, and innovative start-ups over time and space―an empirical investigation," Small Business Economics, Springer, vol. 51(2), pages 337-353, August.
    4. Alexander Chepurenko & Maria Kristalova & Michael Wyrwich, 2019. "Historical and Institutional Determinants of Universities’ Role in Fostering Entrepreneurship," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 13(4), pages 48-59.
    5. Ismaëlh Cissé & Jean Dubé & Cédric Brunelle, 2020. "New business location: how local characteristics influence individual location decision?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(1), pages 185-214, February.
    6. Huan Yang & Xinning Zhang, 2023. "Persistence of culture: how the entrepreneurial culture of origin contributes to migrant entrepreneurship," Small Business Economics, Springer, vol. 61(3), pages 1179-1204, October.
    7. Helen Lawton Smith & Jonathan Potter, 2022. "Applying the entrepreneurial ecosystem concept to regional entrepreneurship policy analysis – a critique," Working Papers 61, Birkbeck Centre for Innovation Management Research, revised Jun 2022.
    8. Achim Monica Violeta & Borlea Sorin Nicolae & Văidean Viorela Ligia, 2021. "Culture, Entrepreneurship and Economic Development. An Empirical Approach," Entrepreneurship Research Journal, De Gruyter, vol. 11(1), pages 1-28, January.

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    More about this item

    Keywords

    Entrepreneurship; economic development; entrepreneurship culture; institutions;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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