Abstract

This paper aims to emphasize the importance of entrepreneurship for the European innovation system and addresses in particular the opportunities offered by migrant (or ethnic) entrepreneurship. After a concise review of the European ‘entrepreneurial economy’, the economic significance of self-employment is highlighted. It is argued that migrant entrepreneurship offers many possibilities for coping with socio-cultural diversity and may contribute to a sustainable socio-economic development. Several data are presented to support these views, while the paper also offers promising policy guidelines.

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