A review of entrepreneurship in Europe : entrepreneurial ambitions, institutional change, quality entrepreneurship and the potential of social protection
Authors
Date
2021Copyright
This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
Entrepreneurship has the potential to drive economic development and social advancement. The European Commission implemented entrepreneurship policy as a pragmatic response to its economic and social challenges, especially after the 2008 financial crisis. Institutional changes to promote entrepreneurship and enable individuals to directly contribute to economic growth, job creation and society were introduced to create an entrepreneurial Europe.
This study undertakes a systematic review to examine the implications of entrepreneurship policy within Europe. Examining and understanding the impacts of entrepreneurship policy and institutional changes are particularly relevant because of the billions of Euros invested and the impacts on the working lives of European citizens. By examining a broad range of existing literature, the study finds that the entrepreneurial Europe envisioned by policymakers has not been fully realised. Instead, entrepreneurship activity has skewed towards poor quality, necessity entrepreneurship. The European institutional context has also shifted away from the social model on which it was founded, increasing the exposure of European workers to social risks. To promote sustainable growth, wellbeing and well-functioning labour markets, researchers and policymakers are reconsidering the role of social protection. Social protection also has the potential to promote quality entrepreneurship. Based on the review of literature, seven testable propositions about how social protection can promote quality entrepreneurship have been developed for future empirical testing.
This study advances knowledge in entrepreneurship research and contributes to debates in policymaking and practice. It also provides a sound basis for subsequent empirical research.
...
Keywords
Metadata
Show full item recordCollections
- Pro gradu -tutkielmat [29052]
Related items
Showing items with similar title or keywords.
-
The Politics of Economization of Cultural Policy : The institutional changes in the creative economy discourse and entrepreneurial artists in Finnish cultural policy
Jakonen, Olli; Pyykkönen, Miikka (Scandinavian University Press / Universitetsforlaget AS, 2023)While the once welfare-oriented Finnish cultural policy system has gradually shifted its focus toward policies driven by austerity and competition, numerous official cultural policy documents promoting the economization ... -
Entrepreneurial choices depend on trust : Some global evidence
Mangeloja, Esa; Ovaska, Tomi; Takashima, Ryo (Springer Science and Business Media LLC, 2022)Interpersonal trust and people’s trust in institutions are important components of social capital, which has been shown to have not only innate social value but also diverse direct and indirect positive social and economic ... -
Social Service Entrepreneurship As a Context for Entrepreneurial Activity
Niemelä, Tarja; Kauko-Valli, Sofia (University of Jyväskylä, 2014) -
Opportunity- and Necessity-Driven Self-Employment Among Older People in Finland
Tervo, Hannu; Haapanen, Mika (Palgrave Macmillan, 2017)To date, few empirical studies have attempted to highlight the impact of the socio-economic characteristics of older entrepreneurs according to whether they are driven by necessity or opportunity. Tervo and Haapanen ... -
Understanding and measuring social entrepreneurship
Kannampuzha, Merie Joseph (University of Jyväskylä, 2017)This thesis aims to understand the phenomenon of social entrepreneurship and measure its component dimensions. In particular, the thesis addresses two research gaps in the social entrepreneurship research. The first gap ...