Entrepreneurship,Growth, Regional Growth Regimes

Michael Fritsch () and Sandra Kublina ()
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Sandra Kublina: School of Economics and Business Administration, Friedrich-Schiller-University Jena

No 2015-002, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: We distinguish four types of regional growth regimes based on the type of relationship between new business formation and economic development. The distinguishing characteristics of these regime types are analyzed in order to identify the reasons for different growth performance. Although growth regimes are highly persistent over time, typical transition patterns between regime types can be identified. We explain these patterns and draw conclusions for policy. The evidence clearly suggests that entrepreneurship is a key driver of economic development, and one that has long-run effects.

Keywords: Entrepreneurship; new business formation; economic development; regional growth regimes (search for similar items in EconPapers)
JEL-codes: L26 O11 R11 (search for similar items in EconPapers)
Date: 2015-01-26
New Economics Papers: this item is included in nep-cse, nep-ent, nep-gro, nep-sbm and nep-ure
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2015-002

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