期刊
JOURNAL OF EVOLUTIONARY ECONOMICS
卷 17, 期 3, 页码 299-315出版社
SPRINGER
DOI: 10.1007/s00191-007-0056-6
关键词
new businesses; entrepreneurship; growth regimes; time lags
类别
We investigate regional differences in the level and the development of regional new business formation activity. There is a pronounced variance of start-up rates across the regions. The level of regional new business formation is rather path-dependent so that changes are relatively small. The main factors determining the level of regional start-ups are innovation and an entrepreneurial climate. These factors also seem to be responsible for changes in the level of regional new business formation. In addition, unemployment plays a role. Steering innovation and creating an entrepreneurial atmosphere could be an appropriate starting point for policy measures that try to promote start-ups. Our empirical evidence strongly suggests that such measures may have significant effect only in the long run.
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