Research has established that mobility of human capital is an important component of economic growth and change, but has yet to fully understand how and why talent chooses to locate within certain regions or cities. Using a survey of Inc. 500 founders from 2000–2008, we investigate the...

Using novel data on new business registrations in the US, we examine how historical factors that shape persistent individualistic culture affect the geographic distribution of entrepreneurial activity in modern times. Current-day new business formation in US counties is positively related to the...