Audretsch and Fritsch (2002) proposed two explanations for the mixed evidenceregarding the relationship between new firm formation and regional development. Firstly,they found evidence for the existence of long time lags needed before the main effects of newfirm formation on employment change...

We investigate the impact of new business formation on regional employment. The maineffects occur after a considerable time lag. Obviously, a large part of the effect is not due tojob creation by the newcomers but rather is of indirect nature. This implies that a large part ofthe debate about...

Since the beginning of the transformation of East Germany from a socialist planned economy to a market economy, there has been an ambitious political goal of fostering entrepreneurial activity in that part of the country. One of the most-hoped for results of this undertaking is the anticipated...

The paper reviews the approaches that have been followed for analyzing the effect of new business formation on regional development. It begins with an outline of how start-ups may affect regional development. In dealing with different ways of empirically assessing these effects, I particularly...

We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure of this effect and on differences between regions. The different phases of the effects of new business formation on regional development are relatively pronounced...