This paper reviews the current state of knowledge about the effect of new business formation on regional development. After a brief sketch of the origins of research on this issue, the main results of different lines of inquiry are discussed. Main issues are the development of start-up cohorts,...

This paper reviews the current state of knowledge about the effect of new business formation on regional development. After a brief sketch of the origins of research on this issue, the main results of different lines of inquiry are discussed. Main issues are the development of start-up cohorts,...

This article discusses the concept of entrepreneurial ecosystems. In particular, three propositions are made for further development of the concept. First, it is argued that entrepreneurial ecosystems should be regarded a part of the regional innovation system. Second, the scope of the concept...

Der Beitrag behandelt den Einfluss des Gründungsgeschehens auf die regionale Entwicklung. Viele dieser Wirkungen sind indirekter Natur und müssen sich nicht notwendig in der Region niederschlagen, in der die Gründung stattfand. Empirische Analysen für westdeutsche Regionen zeigen, dass nur...

The paper deals with the significant impact of location on innovation activity that has been found in many empirical studies. Main elements of such an explanation are the specific problems of a division of innovative labor. Based on an outline of these issues the concept of a regional innovation...

Knowledge is recognized as a crucial element of economic growth in addition to physical capital and labor. Knowledge can be transformed into products and processes and is, in this way, exploited commercially. The ability to produce, identify, and exploit knowledge depends on the existing...