Entrepreneurship and its determinants in a cross-country setting |
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Authors: | Andreas Freytag Roy Thurik |
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Institution: | 1.Centre for Advanced Small Business Economics,Erasmus University Rotterdam,Rotterdam,The Netherlands;2.EIM Business and Policy Research,Zoetermeer,The Netherlands;3.Max Planck Institute of Economics,Jena,Germany;4.Wirtschaftswissenschaftliche Fakult?t,Friedrich Schiller Universit?t Jena,Jena,Germany;5.European Centre for International Political Economy (ECIPE),Brussels,Belgium |
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Abstract: | 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.
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Keywords: | Cross-country setting Self-employment |
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