Understanding Entrepreneurship Across Countries and Over Time

Posted: 24 Nov 2009

See all articles by David B. Audretsch

David B. Audretsch

Indiana University - Institute for Development Strategies; King Saud University; WHU - Otto Beisheim School of Management; Indiana University Bloomington - School of Public & Environmental Affairs (SPEA)

Roy Thurik

Montpellier Business School; Erasmus University Rotterdam (EUR) - Centre for Advanced Small Business Economics (CASBEC); Erasmus Research Institute of Management (ERIM); EIM Netherlands - Business and Policy Research; Tinbergen Institute

I. Verheul

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE); Erasmus Research Institute of Management (ERIM)

S. Wennekers

EIM Netherlands - Business and Policy Research

Date Written: 2002

Abstract

The Eclectic Theory of entrepreneurship isintroduced.The purpose of the theory is to provide a coherent,interdisciplinary framework for understanding and analyzing what determinesentrepreneurship.The determinants of entrepreneurship in Europeancountries are compared with those in the United States in order to test theusefulness of the Eclectic Theory. Although Europe has generally been slow to follow the United States' lead inexploring entrepreneurial opportunities, the European stance toward theentrepreneurial economy has indeed evolved and may be divided into fivestages.These stages include denial of the benefits of entrepreneurialpursuits, recognition of those benefits, envy of the American entrepreneurialeconomy, consensus regarding the superiority of the entrepreneurial economy,and attainment of that economy. The Eclectic Theory has uncovered at least two important insights about theprevalence and the determinants of entrepreneurship in the countriesstudied.First, three of the four countries (Germany, the Netherlands, theUnited States) experienced a decline in entrepreneurial activity that wasfollowed by revival.Also, entrepreneurship policies created jobs andpromoted international competitiveness and economic growth in all fourcountries. It remains to be seen whether the Eclectic Theory will be a usefultool for analyzing entrepreneurial behavior in other countries. (SAA)

Keywords: Public policies, Job creation, Economic growth, International competition, Entrepreneurial economies

Suggested Citation

Audretsch, David B. and Thurik, Roy and Verheul, Ingrid and Wennekers, Sander, Understanding Entrepreneurship Across Countries and Over Time (2002). Entrepreneurship: Determinants and Policy in a European-US Comparison, Vol. 27, p. 1-10 2002. Available at SSRN: https://ssrn.com/abstract=1511546

David B. Audretsch (Contact Author)

Indiana University - Institute for Development Strategies ( email )

1315 East Tenth Street
Bloomington, IN 47405
United States
812-855-6766 (Phone)
812-855-0184 (Fax)

King Saud University ( email )

Riyadh, 11451
Saudi Arabia

WHU - Otto Beisheim School of Management ( email )

Burgplatz 2
Vallendar, 56179
Germany

Indiana University Bloomington - School of Public & Environmental Affairs (SPEA) ( email )

1315 East Tenth Street
Bloomington, IN 47405
United States

Roy Thurik

Montpellier Business School

France

Erasmus University Rotterdam (EUR) - Centre for Advanced Small Business Economics (CASBEC) ( email )

3000 DR Rotterdam
Netherlands
+31 10 408 2232 (Phone)
+31 10 408 9146 (Fax)

HOME PAGE: http://www.thurik.com

Erasmus Research Institute of Management (ERIM) ( email )

P.O. Box 1738
3000 DR Rotterdam
Netherlands

EIM Netherlands - Business and Policy Research

Postbus 7001
2701 AA Zoetermeer
Netherlands
+31 79 341 3634 (Phone)
+31 79 331 3742 (Fax)

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

Ingrid Verheul

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) ( email )

Burgemeester Oudlaan 50
3062 PA Rotterdam, NL 3062 PA
Netherlands
+31 10 4081398 (Phone)
+31 10 4089146 (Fax)

Erasmus Research Institute of Management (ERIM)

P.O. Box 1738
3000 DR Rotterdam
Netherlands

Sander Wennekers

EIM Netherlands - Business and Policy Research ( email )

Postbus 7001
2701 AA Zoetermeer
Netherlands
31 79 3413634 (Phone)

Register to save articles to
your library

Register

Paper statistics

Abstract Views
287
PlumX Metrics