Entrepreneurship and Public Policy

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Research Profile

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.

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News

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’. …

Brandt School Project Group kicks off Spirit of Football’s Journey to the Qatar Men’s World Cup and the Women’s World Cup in Australia.

A guest talk by Dr. Marcus Schlegel, head of the EU-Audit and Revision department at Thuringia’s development bank, during Prof. Dr. Heike Grimm's leadership lecture.

Shortly before the end 2019, the University of Erfurt received great news about an upcoming project– the University was awarded 775,000 Euros in federal grants, funding activities through 2023.