Start-up rates, Entrepreneurship Culture and the Business Cycle. Swedish patterns from national and regional data

Martin Andersson

No 2013/1, Papers in Innovation Studies from Lund University, CIRCLE - Centre for Innovation Research

Abstract: It is often claimed that there are locally embedded values and attitudes towards entrepreneurship, exerting a strong influence on the rate and level of entrepreneurial activity in regions. The concept of regional entrepreneurship culture aims to capture such phenomena, and refers in a general sense to the level of social acceptance and encouragement of entrepreneurs and their activities in a region. This paper discusses regional entrepreneurship culture as a source of persistent differences in regional rates of new firm formation, and presents a number of empirical regularities for Sweden to illustrate the empirical relevance of the main arguments. Using data on rates of new firm formation across Swedish regions over time, the paper further explores the association between start-up activity and the business cycle, as well as how the geographic distribution of start-up rates changes during a major economic crisis.

Keywords: entrepreneurship; start-ups; geography; culture; business cycles; social capital; persistence (search for similar items in EconPapers)
JEL-codes: L26 O18 R11 R12 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2013-01-10
New Economics Papers: this item is included in nep-bec, nep-cwa, nep-ent, nep-geo, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Chapter: Start-up rates, entrepreneurship culture and the business cycle: Swedish patterns from national and regional data (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:lucirc:2013_001

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