The American Institute of Contemporary German Studies (AICGS) assembled a group of researchers and policy makers in Germany and the United States to identify research and policy issues posed by the transformation we have come to call the new economy. This paper, which is the product of their...

The relative stability of differences in entrepreneurial activity across countries suggests that factors other than economic ones are at play (Freytag and Thurik, 2010). Cultural factors, as a subset of stable contextual factors, may play a role. In this paper, we give examples of various...