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Entrepreneurship and Innovation Policy

2008, SSRN Electronic Journal

Abstract

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Key takeaways

  • The chapter continues with a study on entrepreneurship and innovation in the Netherlands in an international and historical perspective.
  • What is meant with entrepreneurship and how does this relate to innovation?
  • The Global Entrepreneurship Monitor makes a distinction between "necessity entrepreneurship," which is having to become an entrepreneur (often "self-employed") because you have no better option, and "opportunity entrepreneurship," which is an active choice to start a new enterprise based on the perception that an unexploited or underexploited business opportunity exists.
  • In addition, research has shown that in general innovation behaviour is procyclical, but that innovation behaviour of SMEs is countercyclical (Heger 2004).
  • We discussed the conditions under which spin-offs are more likely than