The Emergence and Survival of High-Technology Ventures in Europe
Edited by Jan Ulijn, Dominique Drillon and Frank Lasch
* Jan Ulijn, Dominique Drillon and Frank Lasch FIRST COMMENTS This book, Entrepreneurship, Cooperation and the Firm, is the result of a network of European scholars, practitioners and members of public institutions interested in the critical issues of emergence and survival of technology and knowledge-based ﬁrms. The authors are drawn from eight European countries and one from the United States. They represent 14 universities, three research or public institutions, one global ﬁrm and one incubator for high-tech start-ups. At the start of the third millennium, the European Union (EU) faces a number of critical challenges linked to its capacity to master economic, social and environmental change. Against this background, some key ﬁgures inform the reality in which entrepreneurship takes place in Europe. The 25 member states have a combined population of some 460 million people (Eurostat, 2004), exceeded only by China and India in terms of population. However, despite the EU being the most important economic region in the world with a trade surplus of €74 billion (ibid.) there are signiﬁcant challenges facing the Union. The average unemployment rate, for example, is above 9 per cent (Eurostat, 2003) involving more than 15 million people. This average masks sharp spatial disparities: the range goes from 3.5 per cent in countries like the Netherlands or Luxembourg to nearly 20 per cent in Poland. This index (as deﬁned by the International Labour Organization), has been increasing since February 2005, after a period of stabilization and amelioration (Eurostat, 2005). Not only is the...