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We use longitudinal data over a decade on start-ups and employment in Swedish regions and analyze the effect of start-ups on subsequent employment growth. We extend previous analyses by examining the influence of regional start-ups in a sector on regional employment growth in the same sector and...
Persistent link: https://www.econbiz.de/10005090517
that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … group'? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals' utility levels …
Persistent link: https://www.econbiz.de/10005090524
innovation as well as the project's feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes … increase the likelihood of obtaining equity finance. Thus, if signals are credible, innovation positively impacts external … that the relation between finance and innovation depends on the stage of a start-up lifecycle. …
Persistent link: https://www.econbiz.de/10005090597
We investigate whether the supply of venture capital (VC) is driven by spatial proximity between a VC company and the portfolio firm. Our analysis is based on information about VC investments in Germany between 2004 and 2009. We find that possible problems caused by the geographic distance to a...
Persistent link: https://www.econbiz.de/10008671901
It is still an open question what kind of smart capital relational investors actually supply. We divide smart capital into several components and conduct a survey among 85 German suppliers of start-up finance. The results show that the degree of "smartness" is determined by the financial product...
Persistent link: https://www.econbiz.de/10005051036
Entrepreneurs are found to have balanced skill sets and most have worked in small firms before starting their own business. In light of this, we compare the skill sets of employees working in businesses of different size to the skill sets of entrepreneurs using a rich data set on the applied...
Persistent link: https://www.econbiz.de/10009131067
The paper reviews the approaches that have been followed for analyzing the effect of new business formation on regional development. It begins with an outline of how start-ups may affect regional development. In dealing with different ways of empirically assessing these effects, I particularly...
Persistent link: https://www.econbiz.de/10010616574
research and draw some conclusions for entrepreneurship policy. …
Persistent link: https://www.econbiz.de/10008828346
discuss the implications for entrepreneurship policy that can be derived from our findings. …
Persistent link: https://www.econbiz.de/10008837945
Empirical analyses show that the employment effects of start-ups are highest in agglomerations, whereas moderately congested areas exhibit only modest effects, and weak or even no significant effects could be found in rural regions. This paper will set out to show that these discrepancies arise...
Persistent link: https://www.econbiz.de/10004970273