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Historical Roots of Entrepreneurship Ecosystems

Author

Listed:
  • Michael Fritsch

    (Friedrich Schiller University Jena and Halle Institute for Economic Research (IWH))

  • Michael Wyrwich

    (University of Groningen, and Friedrich Schiller University Jena)

Abstract

Historical structures and developments can have a significant and long-lasting impact on the level and the quality of regional entrepreneurship. One explanation for such effects is the formation of a regional "culture", an informal institution which is long-lasting and influences individual behavior. Another explanation for the long-term effects of historical structures and events is the presence of a collective memory. This article reviews the empirical evidence of the historical roots of regional entrepreneurial activity and its potential explanations. Furthermore, the consequences for the development of theories and the policy implications are discussed. Finally, the article reviews promising avenues for further research.

Suggested Citation

  • Michael Fritsch & Michael Wyrwich, 2026. "Historical Roots of Entrepreneurship Ecosystems," Jena Economics Research Papers 2026-004, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2026-004
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    Keywords

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    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • N9 - Economic History - - Regional and Urban History
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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