Entrepreneurshipin Research & Innovation
Only 20 years ago, there was little acknowledgement among European policymakers and researchers for the importance of entrepreneurship. Since then, the subject developed in a fabulous way. Today, fostering entrepreneurship is considered as a silver bullet towards competitiveness and job creation around the world. In particular, there is scientific evidence that high growth enterprises contribute decisively to job creation, innovation and economic growth. Their share in all enterprises is small, but the share of jobs they create is disproportionally large. In particular, knowledge-based start-ups are found to grow faster than other start-ups. Europe has performed relatively badly in generating HGIEs that quickly become global leaders. Thus, in recent years, policy makers in Europe have shown increased interest in fostering high-growth enterprises. However, there is still a lack of knowledge about their characteristics, the framework conditions under which they thrive, and policies that could possibly support their emergence and enable them to thrive.
Researchers at empirica dealt with entrepreneurship early on. Start-ups from universities are one of empirica’s specialties. In recent years, empirica conducted several international studies about high-growth innovative enterprises in particular. The clients were the European Commission’s General Directorates for Enterprise and Industry as well as Research and Innovation. These studies contributed to the understanding of this type of firms and how they could possibly be promoted. Researchers from empirica also moderated and presented about high-growth enterprises at the Commission’s annual Mutual Learning Seminars.
empirica has a long track record in managing large-scale enterprise surveys, conducting interviews with experts in the field of entrepreneurship as well as analysing and interpreting related data.