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Since the early 1980s, the role and general perception of entrepreneurship and start-up activities has changed … public goods characteristic but it is also uncertain. With that perspective, the role of entrepreneurship is to take on the … over to the start-up firm and therefore entrepreneurship can be expected to have a positive impact on economic performance …
Persistent link: https://www.econbiz.de/10005124120
This paper argues that globalization has led to a shift in developed countries from an industrial to an entrepreneurial model of production. Globalization is interpreted as a level shock in the supply of unskilled labor to the world economy, a decrease in the level of political risk associated...
Persistent link: https://www.econbiz.de/10005124127
Major economic transitions, even when they are disruptive, do not occur instantaneously but rather occur over time, as regions within a country change at different rates. Accordingly, these dynamics may be reflected in a geographic lifecycle with different regions characterized by different...
Persistent link: https://www.econbiz.de/10005124213
While a large literature has emerged focusing on nascent entrepreneurship, the propensity for ex-entrepreneurs to … consider re-entering into entrepreneurship, or what we term here as renascent entrepreneurship, has been generally overlooked …. According to the theory of selection and passive learning (Jovanovic, 1982), while there is a lot to be learned about the …
Persistent link: https://www.econbiz.de/10005124242
We investigate regional differences of the effect of new business formation on employment growth in West Germany. We find an inverse ‘u’-shaped relationship between the level of start-up activity and employment change. The main variables that shape the employment effects of new...
Persistent link: https://www.econbiz.de/10005090457
New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...
Persistent link: https://www.econbiz.de/10005090486
We analyze different types of effects that new businesses may have on regional employment. We introduce different measures for employment change by separating employment change in incumbent businesses and employment change in new businesses. There are pronounced differences between regions with...
Persistent link: https://www.econbiz.de/10005090591
We investigate regional differences in the contribution of newly founded businesses to regional employment. This is labeled the direct employment effect of new businesses. The analysis is at the spatial level of West German planning regions for the period 1984-2002. We find rather pronounced...
Persistent link: https://www.econbiz.de/10005090604
at stimulating economic growth through entrepreneurship should focus on high-quality start-ups. …
Persistent link: https://www.econbiz.de/10005009763
We investigate the effects that new business formation has on employment in incumbent firms and compare it to the development in the start-ups. The analysis is performed for West German regions over the 1984-2002 period. It shows that the employment effects of new businesses on the incumbents...
Persistent link: https://www.econbiz.de/10005051048