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

40 Pages Posted: 18 Jul 2012

See all articles by Michael Fritsch

Michael Fritsch

University of Jena - School of Economics and Business Administration

Michael Wyrwich

University of Jena

Date Written: June 2012

Abstract

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.

Keywords: entrepreneurship, self-employment, new business formation, persistence, culture

JEL Classification: L26, R11, O11

Suggested Citation

Fritsch, Michael and Wyrwich, Michael, The Long Persistence of Regional Entrepreneurship Culture: Germany 1925-2005 (June 2012). DIW Berlin Discussion Paper No. 1224, Available at SSRN: https://ssrn.com/abstract=2111984 or http://dx.doi.org/10.2139/ssrn.2111984

Michael Fritsch (Contact Author)

University of Jena - School of Economics and Business Administration ( email )

Carl-Zeiss-Str. 3
D-07743 Jena
Germany

Michael Wyrwich

University of Jena ( email )

Furstengraben 1
Jena, Thuringa 07743
Germany

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