Public policy continues to be an important determinant of economic growth so long as institutions and policy-makers interfere to shape the market economy. During the last few decades all levels of government at the federal, regional and municipal level have become key players in the promotion of the entrepreneurial economy. The re-emergence of entrepreneurship and the shift from a market economy to an entrepreneurial economy accelerated due to an increased globalization and has lead to the development of new entrepreneurship policies implemented at all levels of government and governance.
Change, creativity and innovation became the drivers of the so-called entrepreneurial economy which is, among others, characterized as having a high degree of turbulence. This change from the market to the entrepreneurial economy had a deep impact on the policymaking process: Policy-makers in developed countries face the challenge of having to develop new entrepreneurship policies to ensure economic growth within their regions and nations. Policy-makers in developing countries meanwhile acknowledge the importance of entrepreneurship and micro-financing for sustainable, bottom-up development.
Aly, M., Audretsch, D. B., & Grimm, H. M. (2021). Emotional skills for entrepreneurial success: The promise of entrepreneurship education and policy. The Journal of Technology Transfer, 46(5), 1611–1629. https://doi.org/10.1007/s10961-021-09866-1
Grimm, H. M. & Bock, C. (2022). Entrepreneurship in Public Administration and Public Policy Programs in Germany and the United States. Teaching PublicAdministration.
Grimm, H. M. (2019). Entrepreneurship in Public Policy Education: The Willy Brandt School as a Case. In E. E. Lehmann & M. Keilbach (Eds.), From Industrial Organization to Entrepreneurship: A Tribute to David B. Audretsch (pp. 369–384). Cham: Springer International Publishing. https://doi.org/10.1007/978-3-030-25237-3_33
Grimm, H. M. (2019). Public and Policy Entrepreneurship Research: A Synthesis of the Literature and Future Perspectives. In D. Audretsch, E. Lehmann, & A. Link (Eds.), A Research Agenda for Entrepreneurship and Innovation (pp. 91–106). Edward Elgar Publishing. https://doi.org/10.4337/9781788116015.00011
Grimm, H. M., & Jimenez, J. C. (2021). Handbook of Research Methods and Applications in Comparative Policy Analysis. Review. Journal of Comparative Policy Analysis: Research and Practice, 1–2. https://doi.org/10.1080/13876988.2021.1908829
Grimm, H. M., & Roßner, E. (2019). Qualifikationen, Ausbildung und Professional Schools in der Politikberatung. In S. Falk, M. Glaab, A. Römmele, H. Schober, & M. Thunert (Eds.), Handbuch Politikberatung (pp. 609–623). Wiesbaden: Springer Fachmedien Wiesbaden. https://doi.org/10.1007/978-3-658-03483-2_65
Since 2019 the EXIST project by Prof. Heike Grimm aims at implementing a social and international start-up campus at the University of Erfurt and already records two successful EXIST start-up scholarship teams: ‘Coachingspace’ and the ‘MINTy Girls’.