Book Description

'The concept of the "entrepreneurial economy" stems from the widespread belief that entrepreneurship is perhaps the most important and scarcest input factor of modern highly developed economies. This has resulted in a multitude of studies on the drivers and consequences of entrepreneurship in its many manifestations. Less is known about how entrepreneurship interlinks with modern institutions and policy aims such as education, finance, regulation, and the struggle with crises. The present volume fills this gap in our understanding of the "entrepreneurial economy". It shows that the concept of the "entrepreneurial economy" is so broad that "entrepreneurial society" is the better term.' – Roy Thurik, Erasmus University Rotterdam, The Netherlands In the constant challenge economies face to grow and adapt, entrepreneurship and innovation are considered key factors. This impressive book shows the complementary and decisive role that education, access to an efficient financial system, and regulation may have in creating an entrepreneurial society. Not only growth, but also better growth is required to address the tremendous challenges that our European economies are facing. The contributors illustrate how more entrepreneurs and more new innovative entrepreneurial firms can contribute. They highlight a variety of factors that may be considered to promote entrepreneurship among young people, and innovative activities among firms. These include education and seeking the most favourable context for the creation and development of sustainable, innovative companies, especially during economic crises. This timely book analyses the built economy in education, sustainability and regulation to favour the emergence of new, entrepreneurial firms. With an international focus, the book provides the results of numerous research projects around entrepreneurship. Based on solid quantitative analysis, it will prove essential for students and researchers who are building quantitative models to study different aspects of the entrepreneurial society.