I think that each era is captured by what happened in the decade before. [I think of] the economic success of the United States of the '90s, where we seemed like the only kid on the block who could take advantage of entrepreneurship and innovate in the world . . . . Now you fast forward more than a decade, to today, and it's very clear that Europe has a lot of advantages in creating an entrepreneurial economy that we don't or that we should learn from.
David Audretsch is distinguished professor and Ameritech Chair of Economic Development at IU's School of Public and Environmental Affairs, director of the Institute for Development Strategies, and director of SPEA Overseas Education.
Author of a dozen books, Audretsch's research has focused on the links between entrepreneurship, government policy, innovation, economic development and global competitiveness.
He has consulted with the World Bank and numerous private corporations, state governments, and a number of European Governments.
In 2007 he was named one of the 60 most influential economists of all time in The Most Important Economists.
This edition of Profiles is one of four such programs devoted to the European Union.