This open access book builds on the European Unions (EU) Horizon 2020 project Financial and Institutional Reforms for an Entrepreneurial Society (FIRES). The authors outline how Europe can move towards more inclusive, innovative and sustainable growth through reforms that will rekindle its entrepreneurial spirit. Based on decades of research and countless discussions with stakeholders, the book also features the FIRES projects full list of policy interventions and institutional reforms that can help policymakers make that agenda a reality.
Introduction: Why Entrepreneurship?.- Entrepreneurship, the Rule of Law, and Protection of Property Rights.- Taxation and Entrepreneurship.- Savings, Finance, and Capital for Entrepreneurial Ventures.- Labor Markets and Social Security in the Entrepreneurial Society.- Contestable Markets for Entry and Exit.- Mobilizing Human Capital for Entrepreneurship.- Making Entrepreneurship Policy or Entrepreneurial Policymaking
The causal relationships behind the emergence of entrepreneurship in regions and nations are hard to identify and replicate. A reasonable entrepreneurship policy is therefore one based on economic theory and available evidence, coupled with a holistic approach that takes into account the specific situation of each region or country and which avoids one-size-fits-all recommendations. For such an entrepreneurship policy, The Entrepreneurial Society should be mandatory reading. (Karl Wennberg, Journal of Evolutionary Economics, Vol. 30, 2020)
Niklas Elert is a research fellow at the Research Institute of Industrial Economics (IFN), Stockholm, Sweden. He received his Ph.D. on the topic of
Economic Dynamism essays on firm entry and firm growth in 2014 at ?rebro University, Sweden. His current research focuses on entrepreneurship and firm dynamics.
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