Maribel Guerrero, Iñaki Pena-Legazkue

Entrepreneurial activity and regional development: an introduction to this special issue

The main objective of this special issue is to analyze the relationship between entrepreneurial intention and entrepreneurial activity and its impact on regional development. The last convulsive decade, with expansionary and recessionary economic cycles, offers a good opportunity to study how economic cycles affect the propensity of becoming an entrepreneur and, in turn, to observe how entrepreneurial activity contributes to change (improvement) in the economy.

Previous studies have analyzed the complicated endogenous relationship between entrepreneurship and economic growth, but these studies have examined the countries’ performance under a static view. This special issue focuses on analyzing complex entrepreneurial behavior from a sub-national perspective (examining several regions in the Spanish autonomous communities) and a dynamic view (using data from several years), which adds rigor and valuable knowledge to this research field.