Working Paper No. 868

Evolutionary Views on Entrepreneurial Processes: Managerial and Policy Implications

Published: April 12, 2011Pages: 30Keywords: Evolutionary framework; EntrepreneurshipJEL-codes: L10; O30

Evolutionary Views on Entrepreneurial Processes: Managerial and Policy Implications Frédéric Delmar and Karl Wennberg


In this paper we outline an evolutionary framework of entrepreneurial processes where by firms are started, grow, and exit from the market. We explain the important of such a framework in explaining both what contextual factor affects entrepreneurial processes and in explaining the distinction and interaction between self-employment and high-potential entrepreneurship. We highlight the implications from prior empirical work using this evolutionary framework for management and policy making: Three broad implications relevant for managers and entrepreneurs interested in understanding how they can leverage their chances to position their firms as ripe for growth, and six detailed implications relevant for policy makers interested in understanding and affecting the structural conditions where by entrepreneurship can lead to enhanced growth and job creation.

Interdisciplinary European Studies

The European Union in a Changing World Order

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This book explores how the European Union responds to the ongoing challenges to the liberal international order. These challenges arise both within the EU itself and beyond its borders, and put into question the values of free trade and liberal democracy. 

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