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The Long Persistence of Regional Entrepreneurship Culture: Germany 1925-2005

  • Michael Fritsch

    ()

    (School of Economics and Business Administration, Friedrich-Schiller-University Jena)

  • Michael Wyrwich

    ()

    (School of Economics and Business Administration, Friedrich-Schiller-University Jena)

We investigate the persistence of levels of self-employment and new business formation in different time periods and under different framework conditions. The analysis shows that high levels of regional self-employment and new business formation tend to be persistent for periods as long as 80 years and that such an entrepreneurial culture can even survive abrupt and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist and that they have long-lasting effects.

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Paper provided by Friedrich-Schiller-University Jena in its series Jena Economic Research Papers with number 2012-036.

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Date of creation: 04 Jul 2012
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Handle: RePEc:jrp:jrpwrp:2012-036
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