This paper examines the relationship between economic growth and the Small and Medium Enterprise (SME) sector for a panel of 503 Brazilian micro-regions for the period 1980-2004 using panel spatial econometrics. It investigates the importance of the SME sector size measured by the share of the...

Studies for established market economies such as West Germany (Fritsch and Mueller, 2007), and Sweden (Andersson and Koster, 2011) have shown that regional start-up rates tend to show a relatively high level of persistence and path dependency over periods of 10-15 years. One main reason for this...

In Brazil, the regional development policy is directed by the regional development funds for the Northeast (FNE), the North (FNO), and the Central-West (FCO), which invested more than ?36 billion in lagging regions between 2004 and 2010. This policy seeks to facilitate the economic and social...

The main aim of this paper is to enhance our knowledge of the role of regional entrepreneurial culture that is important to foster economic growth. The paper sheds light on regional differences of self-employment and start-up activities in a socialist and post-socialist economy, which is to the...