Entrepreneurship and Regional Development

Custom Field Value: December 14, 2024

I contributed a survey „Entrepreneurship and Regional Development“ to The Palgrave Encyclopedia of Entrepreneurship edited by Jay Mitra. (ed.), Cham 2024: Palgrave Macmillan, pp. . https://eoi-org/10.1007/978-3-030-68128-9_30-1

A main focus of this survey of research on the role of entrepreneurship in regional development is on the interaction between new businesses and incumbent firms. This interaction is of key importance for the explaining the impact of new businesses on regional performance. The level of regional entrepreneurship, particularly the number and quality of new businesses, and the competition between newcomers and incumbent firms are considerably shaped by the regional context. Regional levels of entrepreneurial activity tend to follow long-term trends that can be shaped by regional cultures and change only rather slowly. Hence, a policy that aims to improve entrepreneurship in a region needs a long-term perspective.