The State of European Entrepreneurship: Trends in Quantity and Quality in France, Germany, and the UK (2009–2023)

Jul 19, 2025Β·
Massimo Colombo
,
Lena FΓΌner
,
Massimiliano Guerini
,
Hanna Hottenrott
Daniel Souza
Daniel Souza
Β· 0 min read
Abstract
This paper investigates the quantity and quality of entrepreneurial activity across rural and urban regions in France, Germany, and the United Kingdom between 2009 and 2023. Using comprehensive business registry data and a predictive analytics framework, we estimate both the number of new firm registrations (entrepreneurial quantity) and the growth potential of these ventures (entrepreneurial quality). Our analysis reveals substantial heterogeneity in entrepreneurial outcomes across countries and regions in Europe. While factors such as GDP per capita, access to venture capital, and educational attainment are positively associated with higher-quality entrepreneurship in urban areas, these relationships are significantly weaker in rural regions. These findings underscore the importance of ecosystem-wide support strategies tailored to regional contexts, offering valuable insights for policymakers aiming to foster high-growth entrepreneurship.
Type
Publication
In preparation - Special Issue of European Economic Review.