We investigate regional differences in the level and the development of regional new business formation activity. There is a pronounced variance of start-up rates across the regions. The level of regional new firm formation is rather path-dependent so that changes are relatively small. The main...

We investigate regional differences in the level and the development of regional new business formation activity. There is a pronounced variance of start-up rates across the regions. The level of regional new firm formation is rather pathdependent so that changes are relatively small. The main...

Empirical analyses suggest that the employment creating effect of start-ups is highest in regions with a low level of new business formation and that an increase in the regional start-up rate beyond a certain level may lead to negative employment effect. In explaining these results, we assume...

Wir analysieren die räumliche Verteilung verschiedener Kategorien kreativer Personen inDeutschland. Allgemein ist der Anteil der Kreativen in den Städten höher als auf dem Land.Ein etwas abweichendes Standortverhalten zeigen die freiberuflichen Künstler, für die auch ineinigen ländlichen...

While a market economy seeks equilibrium, a knowledge-based economy may upset this tendency towards stabilization by adding the feedback of globalization. The interaction among the three subdynamics of economic exchange, technological innovation, and institutional control can be captured with a...