characteristic but it is also uncertain. In that perspective, the role of entrepreneurship is to take on the corresponding risk by … hypothesis using a production function approach using data on German regions. We estimate a two-equation system that re- gresses … on both variables, entrepreneurship and economic performance, simultaneously. We find significant impact of …

The literature focusing on the geography of entrepreneurship has developed something of a schizophrenic approach. On … account for inter-spatial variations in entrepreneurship. On the other hand is a literature that has examined the impact of … entrepreneurship on the economic performance of that region. While the emergence of a statistical link between economic performance and …

capital. In this paper we introduce a new factor, entrepreneurship capital and why it should influence economic output. A … production function model including several different measures of entrepreneurship capital is then estimated for german regions …. The results indicate that entrepreneurship capital is a significant and important factor shaping output and productivity …