Plain English Summary David B. Audretsch was named a 2021 Clarivate Citation Laureate, together with four other colleagues in the field of economics. A Clarivate Citation Laureate is recognized as having a research record and impact commensurate with that deemed to be 'of Nobel class.' This...

Plain English Summary Publishing entrepreneurship research is not just important but challenging. Longstanding experts in the field can provide helpful advice. As borders between academic fields blur, research fields are increasingly global in their perspective, knowledge, and findings, thus...

The question of whether and when to enter a newly emerging product market has been the focus of practitioners as well as researchers. This paper contributes to the literature by investigating the order of entry as well as pre-entry experiences with a population-based approach for the radically...

The paper Investigates stability and change of regional economic activities in the long-run. As the unit of analysis we selected the machine tool industry in West Germany for the years 1953 to 2002. We spot a strong variance in the activities between the different regions. These differences are...

The existential threat to small businesses, based on their crucial role in the economy, is behind the plethora of scholarly studies in 2020, the first year of the COVID-19 pandemic. Examining the 14 contributions of the special issue on the "Economic Effects of the COVID-19 Pandemic on...

We focus on the relationship of age and diversification patterns of German machine tool manufacturers in the post war era. Based on trade journals we track the entire firm populations' product portfolio development throughout each firm's lifetime. We distinguish between minor diversification and...

SMEs' internationalization and innovation activities represent fundamental economic activities that are conducive to SMEs' individual success, but likewise contribute to the economic well-being of their home region and country. Therefore, understanding how some SMEs are innovative and...

The characterization of how entrepreneurial a region or country is, has generally been shaped by a narrow view of what actually constitutes entrepreneurship. In the case of Germany, this has led to a characterization of Germany as not being particularly entrepreneurial. Such a view is at odds...

The adequate role of Darwinist concepts in evolutionary economics has long been a contentious issue. The controversy has recently been rekindled and modified by the position of "Universal Darwinism", most prominently favored by Geoffrey Hodgson and Thorbjørn Knudsen. They argue that the...

Considerable debate surrounds the concept of entrepreneurial opportunities. This paper contributes to the discussion by bringing in concepts and findings from evolutionary economics. It makes three points. First, adopting an evolutionary market process perspective sheds new light on the nature...