Entrepreneurship and its determinants in a cross-country setting
The relative stability of differences in entrepreneurial activity across countries suggests that other than economic factors are at play. The present paper offers some new thoughts about the determinants of entrepreneurial attitudes and activities by testing the relationship between institutional variables and cross-country differences in the preferences for self-employment as well as in actual self-employment. Data of the 25 member states of the European Union as well as the US are used. The results show that country specific (cultural) variables seem to explain the preference for entrepreneurship, but cannot explain actual entrepreneurship. The present paper also introduces the remaining four papers of the special issue of the Journal of Evolutionary Economics, which center around the theme Entrepreneurship and Culture.
|Keywords||comparative studies of countries, cross-country setting, new firms, self-emloyment, start-ups|
|JEL||Entrepreneurship (jel L26), New Firms; Startups (jel M13), Comparative Studies of Countries (jel O57), Comparative Studies of Particular Economies (jel P52), Cultural Economics; Economic Sociology; Economic Anthropology (jel Z1)|
|Persistent URL||dx.doi.org/10.1007/s00191-006-0044-2, hdl.handle.net/1765/15778|
|Series||ERIM Top-Core Articles|
|Journal||Journal of Evolutionary Economics|
Freytag, A, & Thurik, A.R. (2007). Entrepreneurship and its determinants in a cross-country setting. Journal of Evolutionary Economics, 17(2), 117–131. doi:10.1007/s00191-006-0044-2