and the effect this persistence has on development. It is argued that a regional culture of entrepreneurship plays an … important role in explaining persistence of entrepreneurship. We discuss possible explanations for the emergence of a culture of … entrepreneurship, and how it becomes self-perpetuating over time. Finally, we draw policy implications and identify some promising …

institutional contexts. However, most evidence exists for contexts with more or less entrepreneurship-facilitating and stable … framework conditions for entrepreneurship. In both contexts, entrepreneurs are challenged either by external resistance toward … literature is not an artefact of stable entrepreneurship-facilitating institutional framework conditions. …

culture of entrepreneurship is positively related not only to the level of new business formation but also the amount of …