Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/162488
Authors: 
Fritsch, Michael
Wyrwich, Michael
Year of Publication: 
2017
Series/Report no.: 
Jena Economic Research Papers 2017-003
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.
Subjects: 
entrepreneurship
economic development
entrepreneurship culture
institutions
JEL: 
L26
R11
O11
Document Type: 
Working Paper

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