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Entrepreneurship in the old en new Europe

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Author Info
Roy Thurik
Isabel Grilo

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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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Publisher 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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