The dynamics of entrepreneurship: hysteresis, business cycles and government policy

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Entrepreneurship and the determinants of firm survival within regions: human capital, growth motivation and locational conditions (2017, unknown): “…locational factors, although firms operating in any region will still be affected by national or internationally originating macroeconomic shocks (Congregado, Golpe, and Parker 2012), the local economic conditions and resources available may also impact on survival (Lee, Florida, and Acs 2004;…”
Entrepreneurship and the Business Cycle (2012, unknown): “The results are mixed and often indirect in the entrepreneurship literature (Thurik et al., 2008; Congregado et al., 2009).”
Opportunity Versus Necessity Entrepreneurship: Two Components of Business Creation (2018, unknown): “This potentially explains why the previous studies find negative, positive and null relationship between entrepreneurship and the business cycle (Parker 2009; Bell and Blanchflower 2011; Congregado et al. 2012; Parker et al. 2012; Koellinger and Thurik 2012; Fairlie 2013).”
Country-level entrepreneurial attitudes and activity through the years: A panel data analysis using fsQCA (2020, background): “This finding also supports the lack of a hysteresis effect found by Congregado et al. (2012). Indeed, this finding suggests that the USA in many ways lies between High-TEA and LowTEA outcomes.”