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An Eclectic Theory of Entrepreneurship: Policies, Institutions and Culture

Ingrid Verheul, Sander Wennekers, David Audretsch () and Roy Thurik
Additional contact information
Ingrid Verheul: Erasmus University Rotterdam and EIM
Sander Wennekers: EIM

No 01-030/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: The level of entrepreneurship differs considerably across countries and periods. Both thecauses and consequences of entrepreneurship are a matter of extensive scientific debate aswell as of great policy importance. A high level of entrepreneurial activity is assumed andshown to contribute to innovative activities, competition, economic growth and job creation.The present paper deals with the determinants of entrepreneurship. An eclectic theory ofentrepreneurship is introduced. This eclectic theory provides an integrated framework,drawing on disparate strands of literature, to create a better understanding of the different rolethat entrepreneurship plays in different countries and time periods. This framework isdesigned to guide future empirical research in this area and to provide insights forpolicymakers striving to promote entrepreneurship.

Date: 2001-03-14
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Citations: View citations in EconPapers (28)

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