Showing 1 - 10 of 11
Recent research has found pronounced differences in the level of entrepreneurship and new business formation across … regional entrepreneurship, the effect of national and regional framework conditions, as well as the role of universities as … incubators of innovative new firms. -- ‘Entrepreneurship can have powerful effects on local as well as national economies. The …
Persistent link: https://www.econbiz.de/10011850876
Persistent link: https://www.econbiz.de/10005252210
In our analysis of the impact of new business formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on...
Persistent link: https://www.econbiz.de/10005252212
Motivated by differences in new-firm survival across regions, this paper explores the impact of regional human capital on new-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the service sector. By incorporating knowledge...
Persistent link: https://www.econbiz.de/10005252214
Although human capital externalities are a key variable in theories of economic growth, there has been little investigation of the mechanism by which these externalities are realized. We examine the relationship between the local levels of human capital and firm formation rates and find that...
Persistent link: https://www.econbiz.de/10005824127
entrepreneurship. These factors also seem to be responsible for changes in the level of regional new business formation. In addition …
Persistent link: https://www.econbiz.de/10005765257
Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on...
Persistent link: https://www.econbiz.de/10005765277
An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of...
Persistent link: https://www.econbiz.de/10005765281
New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...
Persistent link: https://www.econbiz.de/10005181388
We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure of this effect and on differences between regions. The different phases of the effects of new business formation on regional development are relatively pronounced...
Persistent link: https://www.econbiz.de/10005588035