Lessons learned from Entrepreneurial Hot-spots and Academic Entrepreneurship in North America

What is it that makes American entrepreneurial culture so successful and what can be learned about the American approach? This paper will highlight what can be learn from participation in the IDEAKauffman scholarship and the exposure to the entrepreneurial environment around Silicon Valley and San Francisco. Relating the leading academic theory about American Entrepreneurship to the empirical observations through the IDEA-Kauffman global scholars programm, the success factors of the the American entrepreneurial economy will become apparent and we will be able to establish what makes America the leading entrepreneurial society. When comparing American entrepreneurship culture to a European culture, we will be able identify elements from American entrepreneurial culture that can be utilized to make opportunities, create companies and establish markets in other economical-, cultural- and social environments.