The presence of entrepreneurial organizations in an economy is associated with greater regional resilience to external shocks. Why? Entrepreneurs are characterized by qualities that make them more resilient to crises, such as increased flexibility and being accustomed to functioning well under stress and pressure, strengthening the resilience of their regions. Policymakers and investors should recognize the resilience benefits of supporting local entrepreneurship.
Policy Brief "Entrepreneurship in Focus" | 2025 Local Entrepreneurship Helps Places Bounce Back After Extreme Weather Shocks
Heinzel, C.; Scott Langford, W.; Peters, V.; Sanders, M. (2025): Lokales Unternehmertum stärkt regionale Resilienz nach Extremwetterereignissen, in: FGF-Forschungsnetzwerk Entrepreneurship, Innovation und Mittelstand e.V. und IfM Bonn: Policy Brief "Unternehmertum im Fokus" 7/25, Bonn.