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Entrepreneurial Behaviour and Startups: The Case of Germany and the USA

Abstract

Entrepreneurship is crucially important for the introduction of disruptive and radical innovation. However, in Germany entrepreneurship and disruptive innovation are consistently low whereas the USA, for example, performs very well in these areas. This chapter offers insights into the relevance of entrepreneurship for a national innovation system. It illustrates the effects of policy interventions on potential entrepreneurs and shows pathways to encourage entrepreneurial behaviour and startups.

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Notes

  1. 1.

    ‘National Innovation System means a core concept for analyzing an economy’s capacity to produce, commercialize, import, and utilize knowledge and technology. Innovation, learning and technological development, indispensable for long-term economic development of a nation, are now seen as systemic activities involving many and diverse economic actors’ (INSME, 2017, para. 1).

  2. 2.

    Leading buyers are early adopters of new methods , technology, services or products .

  3. 3.

    Venture capital is a subset of private equity and refers to equity investments made to support the pre-launch, launch and early stage development phases of a business (OECD, 2015c).

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Richter, N., Jackson, P., Schildhauer, T. (2018). Entrepreneurial Behaviour and Startups: The Case of Germany and the USA. In: Richter, N., Jackson, P., Schildhauer, T. (eds) Entrepreneurial Innovation and Leadership. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-319-71737-1_1

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