Acs and Audretsch's Work Cited

Speech by Romano Prodi, President of the European Commission talks about the importance of entrereneurship.

On February 7, 2002, Romano Prodi, President of the European Commission, gave a speech, "For a new European entrepreneurship," to the Instituto de Empresa in Madrid.

During the speech, Prodi stated:

As noted recently by Zoltan Acs and David Audretsch, two leading academics in the field, who recently received the International Award for Entrepreneurship and Small Business Research, the role of entrepreneurship has changed dramatically over the past half century. During the post-WWII period, the role of entrepreneurship seemed to be fading away. Today, what is going on in business points to a major reversal: the rebirth of the entrepreneur. And I share the view expressed by many observers that, the dotcom crash notwithstanding, there is every reason to believe that this new age of enterprise will not fade away again in the near future.

Read the complete text of the speech.