There is a lack of entrepreneurial culture in many European countries. At the same time, many young people (in particular also those with an immigrant background) are faced with unemployment.

The number of start-ups/ creation of enterprises in Europe is comparatively low (see USA, Israel). Many reasons and circumstances contribute to this development. But research shows that one important cause for the deficient entrepreneurial spirit is to be found in the educational system, which does not focus sufficiently on teaching economic knowledge, entrepreneurial skills and enabling entrepreneurial mind sets.

Against this background, IW Köln and other actors across Europe, such as JA Europe, have set up programmes, in cooperation with local companies and schools, to overcome this situation. Empirical experiences from these programmes show that one can pinpoint some policies that help to generate the missing entrepreneurial spirit.

In cooperation with

  • IW Junior gGmbH
  • JA Europe

IW policy paper

Klaus-Heiner Röhl: Entrepreneurial culture and start-ups – Could a cultural shift in favour of entrepreneurship lead to more innovative start-ups?

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Vera Demary: Entrepreneurial Culture and Startups

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Felix Hettig: Entrepreneurship – Why we need it and how we can foster it

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Veranstaltung, 16. Oktober 2017

Debate The Future of Mercorsur: What’s at stake for the EU?Arrow

The Cologne Institute for Economic Research (IW Köln) and the German Institute for International and Security Affairs – Stiftung Wissenschaft und Politik (SWP) are kindly inviting you to a jointly organised expert exchange on the on-going negotiations for a new trade agreement between the EU and Mercosur. mehr

IW-Report, 18. September 2017

Daniel Bendel / Markus Demary / Michael Voigtländer How do higher interest rates impact companies’ financial situation?Arrow

Companies’ access to finance has an important impact on their profitability and growth prospects. Without external financing, most firms are not able to invest, which is a prerequisite for economic growth. Unlike in the US, which has a capital market-based financial system, banks are the dominant lenders for firms in the Eurozone. mehr