Authors

Discussion

This study examines the mechanisms behind the persistence of both high- and low-quality entrepreneurship in post-Soviet countries, focusing on entrepreneurial culture and historical regional characteristics. Spatial econometric analysis reveals enduring patterns for both types of entrepreneurships. A key finding is the persistence of low-quality entrepreneurship, which is attributed to the scarcity of high-quality role models in 1926. Instead, sole proprietorships—primarily in craft, transport, trade, and credit sectors—served as role models, perpetuating low-quality entrepreneurship. Additionally, entrenched regional characteristics such as under-industrialisation and low population density have reinforced these trends. The study offers valuable insights into the development of entrepreneurship in transition economies and provides policy recommendations for fostering high-quality entrepreneurship.