This paper re-examines the link between new firm formation and subsequent employment growth. It investigates whether it is possible to have the wrong type of entrepreneurship - defined as new firm formation which leads to zero or even negative subsequent employment growth. It uses a very similar...

This paper examines the relationship between business dynamics and employmenteffects in 320 U.S. Metropolitan Statistical Areas (MSA). Much of the theoretical workon industry dynamics focuses on the role of noisy selection and incomplete informationon entry and survival. We extend this research...

Going bankrupt does not necessarily mean the end of an entrepreneurial career. Recent reforms of the insolvency law in several European countries towards a more debtorfriendly system similar to Chapter 11 of the U.S. bankruptcy code make it easier for bankrupt entrepreneurs to start a new...

Using decomposition analysis, the paper investigates the reasons why Northern England has less but higher perfoming self-employed business than the South. It finds the causes are mainly structural differences rather than due to regional variation in people's characteristics..

This paper proposes a business-demographics adjusted shift-share analysis. This can be used when data availability does not allow direct association of employment changes to business demographics at the regional level. The method may be also used as an exploratory step before any explanatory...

This paper investigates whether a high level of new business formation in a region stimulates employment in that region. The study looks at the lag structure of these effects, using a data set covering a fairly large time span (1982-2002). The indirect supply-side effects of new firm births,...