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NOTE: Since 2009 the title of the International Journal of Entrepreneurship Education (IJEE) has been changed to the title above.  ISSN numbers: IJEE 1649-2269 and IRE 2009-2822

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#1565 - Persistence of Regional Entrepreneurship: Causes, Effects, and Directions for Future Research

IRE Vol 15: Issue 4, 2017 - Special Issue , Pages 395-416

Author(s): Michael Fritsch and Michael Wyrwich (Friedrich Schiller University Jena, Germany)

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.

JEL-classification: L26, R11, O11

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