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Entrepreneurship in the old en new Europe

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Author Info

  • Roy Thurik
  • Isabel Grilo

Abstract

Developing a dynamic SME sector is essential for countries transforming their centrally planned economy into a market oriented one. New firm formation is the major driver of this transition. Obviously, entrepreneurial energy is a necessary condition for new firm formation. This paper uses 2004 survey data from the 25 EU member states and the US to explain country differences in entrepreneurial energy. This energy is captured as latent and actual entrepreneurship.

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File URL: http://www.entrepreneurship-sme.eu/pdf-ez/N200516.pdf
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Bibliographic Info

Paper provided by EIM Business and Policy Research in its series Scales Research Reports with number N200516.

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Length: 24 pages
Date of creation: 23 Jan 2006
Date of revision:
Handle: RePEc:eim:papers:n200516

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Cited by:
  1. Jolanda Hessels & Marco Gelderen & Roy Thurik, 2008. "Entrepreneurial aspirations, motivations, and their drivers," Small Business Economics, Springer, vol. 31(3), pages 323-339, October.
  2. Roy Thurik & Andreas Freytag, 2006. "Entrepreneurship and its determinants in a cross-country setting," Scales Research Reports H200616, EIM Business and Policy Research.
  3. Roy Thurik & Isabel Grilo, 2006. "Latent and actual entrepreneurship in Europe and the US: some recent developments," Scales Research Reports N200514, EIM Business and Policy Research.
  4. Bojan Nastav & Štefan Bojnec, 2008. "Small Businesses and the Shadow Economy," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 58(01-02), pages 68-81, January.

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