The current empirical entrepreneurship literature mainly shows a positive correlation between entrepreneurship (measured as the number of startups) and economic growth. However, the mechanisms by which entrepreneurship exerts its positive influence are not obvious. The net result of startups on...

This paper contains one of the first empirical attempts to investigate the influence of local Entrepreneurial Social Capital on startup propensity. We use a unique database including not only total startups, but data on startups divided in six branches to study the impact of Entrepreneurial...