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We investigate the impact of start-up rates on regional economic development. We argue that in line with Schumpeter's view this effect is mediated by a process of creative destruc-tion: Start-ups spark a process of creative destruction which in turn leads to regional eco-nomic development....
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Does regional unemployment increase or rather decrease entrepreneurial activity? Although this question has been hotly debated among researchers for decades the answers yielded so far are ambiguous and inconclusive. The paper proposes an innovative approach that takes not only interregional...
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. The analysis uses data for Germany in the years 2005-2009, when broadband was introduced in rural regions of Western … Germany and in large parts of Eastern Germany. Technical frictions in broadband rollout are exploited to obtain exogenous … respective sectors. For Eastern Germany, no significant employment growth effects are found. …
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Regional growth dynamics significantly deviate from a normal process. Using industry-specific employment data for German regions, we find that the asymmetric Subbotin distribution is able to account properly for extreme positive and especially negative growth events. This result confirms...
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