Entrepreneurial and Small Business Operations Commons^™

Professional Occupations, Knowledge-Driven Firms, And Entrepreneurship: A National And Regional Analysis, Andrew C. Gross, Mark Holtzblatt, Rajshekar Javalgi, József Poór

Business Faculty Publications

The worldwide dominance of Western nations in commercial knowledge-intensive services has declined between 1995 and 2010, but the slippage in revenue was only from 88 to 79 percent. The European Union and North America remain the two largest regions in consumption and in exporting. Four professional service sectors—accounting, law, engineering, and management consultancy—have shown stability or even growth in the past decade. Entry and expansion requirements in these fields, at home and abroad, constitute barriers for both individual professionals and companies. Entrepreneurship is evident in these sectors, as small and medium size enterprises have maintained their viability against large firms. …