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The present paper sheds light on how growth of young firms is affected by expansive strategies and the socioeconomic heritage of their main actors. Socioeconomic heritage has to do with socialization, prior socioeconomic circumstances, and regional growth conditions; the term is elaborated upon...
Persistent link: https://www.econbiz.de/10010267124
We investigate the persistence of levels of self-employment and new business formation in different time periods and under different framework conditions. The analysis shows that high levels of regional self-employment and new business formation tend to be persistent for periods as long as 80...
Persistent link: https://www.econbiz.de/10010291827
The 40 years of socialist regime in East Germany were characterized by a massive anti-entrepreneurship policy. We investigate the reemergence of entrepreneurship in East Germany during its transformation to a market economy following the collapse of the East German state in 1989. It took about...
Persistent link: https://www.econbiz.de/10010291841
Studies for established market economies such as West Germany (Fritsch and Mueller, 2007), and Sweden (Andersson and Koster, 2011) have shown that regional start-up rates tend to show a relatively high level of persistence and path dependency over periods of 10-15 years. One main reason for this...
Persistent link: https://www.econbiz.de/10011522629
This paper investigates regional sources of entrepreneurial opportunities of knowledge-intensive start-up activity. Thereby it is investigated whether it makes a difference if the knowledge-intensive sector is a newly emerging industry compared to the case where its location across space could...
Persistent link: https://www.econbiz.de/10011527207
Persistence of entrepreneurship over longer periods of time could indicate a culture of entrepreneurship among the local population that may be an important factor for regional development, but does persistence of economic activity require cultural transmission? We exploit the diverse historical...
Persistent link: https://www.econbiz.de/10012017649
This paper reviews the empirical evidence of persistent levels of regional self-employment and new business formation and the effect this persistence has on development. It is argued that a regional culture of entrepreneurship plays an important role in explaining persistence of...
Persistent link: https://www.econbiz.de/10011606960
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