Evidence-Based Entrepreneurship: Cumulative Science, Action Principles, and Bridging the Gap between Science and Practice

75 Pages Posted: 28 Aug 2012

See all articles by Michael Frese

Michael Frese

National University of Singapore (NUS)

Andreas Bausch

affiliation not provided to SSRN

Peter Schmidt

Justus-Liebig-University Giessen, Germany, and Higher School of Economics (HSE) Moscow, Russia

Andreas Strauch

affiliation not provided to SSRN

Rüdiger Kabst

University of Paderborn

Date Written: May 1, 2012

Abstract

The concept and desiderata of an evidence-based entrepreneurship (EBE) is discussed as a strategy to overcome the divide between knowledge developed in the field of entrepreneurship and its use in practice. Evidence constitutes the best summary of knowledge based on several sources of information (several studies, several different research groups, several different methodological approaches, among them the best methods available) which clearly goes beyond individual experience and a few isolated studies. We argue that meta-analyses can and should be used in entrepreneurship research (and that they should also be used to review qualitative studies). Meta-analyses establish certain relationships; these should then be summarized in well-founded models and theories that can be translated into action principles. These action principles can then be used by various users of EBE. Users of EBE can be scientists, professionals who regularly deal with entrepreneurs (bankers, consultants, venture capital providers), policy makers (e.g., government), students of entrepreneurship, and last but not least the entrepreneurs themselves. Once a set of action principles has been developed from science, their application can be tested with the help of further evidence on the efficacy of interventions (including meta-analyses on the interventions). Evidence-based entrepreneurship (EBE) has the potential to change research, teaching, and practice.

Keywords: evidence-based entrepreneurship, meta-analysis, action principles

JEL Classification: L26

Suggested Citation

Frese, Michael and Bausch, Andreas and Schmidt, Peter and Strauch, Andreas and Kabst, Rüdiger, Evidence-Based Entrepreneurship: Cumulative Science, Action Principles, and Bridging the Gap between Science and Practice (May 1, 2012). Foundations and Trends in Entrepreneurship Vol. 8, No. 1, 2012, Available at SSRN: https://ssrn.com/abstract=2137685

Michael Frese (Contact Author)

National University of Singapore (NUS) ( email )

1E Kent Ridge Road
NUHS Tower Block Level 7
Singapore, 119228
Singapore

Andreas Bausch

affiliation not provided to SSRN ( email )

Peter Schmidt

Justus-Liebig-University Giessen, Germany, and Higher School of Economics (HSE) Moscow, Russia ( email )

Giessen
Germany

Andreas Strauch

affiliation not provided to SSRN ( email )

Rüdiger Kabst

University of Paderborn

Warburger Str. 100
Paderborn, D-33098
Germany

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