; necessity ; entrepreneurship …

Entrepreneurship is a local and dynamic phenomenon. We jointly investigate spatial spillovers and time persistence of … regional new business formation. Using panel data from all 402 German counties for 1996-2011, we estimate dynamic spatial panel … persistence of start-up activity, especially in the high-tech industry. This indicates that entrepreneurship is deeply rooted in …

rate, but only a small part of their lower entry rate. -- Entrepreneurship ; self-employment ; risk aversion ; gender …