Introduction: Why Entrepreneurship?

Niklas Elert (), Magnus Henrekson () and Mark Sanders

Chapter 1 in The Entrepreneurial Society, 2019, pp 1-23 from Springer

Abstract: Abstract The European Union suffers from an innovation deficit, which must be remedied if the EU is to improve the quality of life of its citizens and remain competitive in the global marketplace. We explain why productive entrepreneurship is a way towards restoring inclusive, innovative, and sustainable growth in Europe before presenting the theoretical framework of the experimentally organized economy, a perspective stressing the collaborative nature of productive entrepreneurial venturing. The perspective helps us outline an entrepreneurial reform strategy, which acknowledges the substantial cross-country differences across the union. Since each EU member state has evolved its particular bundle of institutions, many of which are complementary to one another, a one-size-fits-all approach to reforming institutions is likely to fail. Finally, we summarize the six reform areas which will be addressed in subsequent chapters, and formulate six guiding principles—neutrality, transparency, moderation, contestability, legality, and justifiability—for developing tailored reform strategies for the European Union, its member states, and regions.

Keywords: Innovation bloc; Entrepreneurial ecosystem; Institutions; Entrepreneurship; European Union (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-3-662-59586-2_1

Ordering information: This item can be ordered from
http://www.springer.com/9783662595862

DOI: 10.1007/978-3-662-59586-2_1

Access Statistics for this chapter

More chapters in International Studies in Entrepreneurship from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().