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New firm formation is often highly prioritized by local governments, particularly for regions that are declining. Entrepreneurship can play an important role in keeping declining regions vital through job creation. Yet, the way in which new firm formation exerts its influence on employment...
Persistent link: https://www.econbiz.de/10011075819
People have various motivations for becoming an entrepreneur. A common assumption is that entrepreneurs in deprived or remote regions are more likely to be motivated by necessity, as employment opportunities are limited and people have little to lose in starting their own business. However,...
Persistent link: https://www.econbiz.de/10011076047
This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...
Persistent link: https://www.econbiz.de/10011075859
convergence or economic cohesion, respectively. Following this strand of theory no regional policy is needed to achieve … convergence among the regions or nations of a common market. Thus, comparing the two internal markets, the question comes up if … inhibiting internal migration, which is one of the key measures in achieving convergence among the nations in the Single European …
Persistent link: https://www.econbiz.de/10011515661
This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of the line of thought of its prevalent explanation in equilibrium economics which is focusing on market failures as its key underpinning and which is the major toolkit of...
Persistent link: https://www.econbiz.de/10011487099