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The emergence and impact of the entrepreneurship industry
Journal article   Open access   Peer reviewed

The emergence and impact of the entrepreneurship industry

Anna Brattstrom, Marian Eabrasu, Richard Hunt, Christian Sandstrom and Karl Wennberg
Small Business Economics
2025-10-23

Abstract

Entrepreneurship industry Entrepreneurial culture L26 O14 O38 Public Policy
This special issue introduces the concept of the "entrepreneurship industry" (EI), a rapidly expanding global sector comprising actors, services, and infrastructures that promote and commodify entrepreneurial activity. Moving beyond traditional demand-side views of entrepreneurship, the issue explores how EI shapes entrepreneurial behavior through cultural norms, institutional structures, and policy interventions. The six featured articles examine diverse facets of EI, including its cultural biases, framing dynamics, venture production regimes, intermediary roles, and sector-specific support mechanisms. Collectively, these contributions reveal how EI influences who becomes an entrepreneur, what ventures are legitimized, and how success is defined. The issue also highlights the paradoxes and unintended consequences of EI, such as exclusionary practices and innovation theater. By conceptualizing entrepreneurship as an industry, the issue opens new avenues for research into the socio-political construction of entrepreneurial ecosystems and calls for more inclusive, context-sensitive approaches in policy, education, and practice.
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UN Sustainable Development Goals (SDGs)

This output has contributed to the advancement of the following goals:

#9 Industry, Innovation and Infrastructure

Source: SDGs in the Output

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