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Persistence and Change of Regional New Business Formation in the National League Table

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

No 2016-001, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: We investigate persistence and change of the levels of regional new business formation in West Germany over a period of thirty years. Our indicator is the position of a region in the national ranking. As indicated by previous studies, we generally find a rather high level of persistence and confirm the role of several sources of this persistence, namely, persistence in regional determinants of new business formation, distinct regional cultures of entrepreneurship, and path dependence in new business formation activity. There are, however, also a number of regions that have moved up or down in the national ranking by a considerable number of positions. We find that main factors that are related to such rank changes are R&D activities, industry diversity, and regional wage levels.

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: 2016-01-04
New Economics Papers: this item is included in nep-bec, nep-ent, nep-geo, nep-ino, nep-sbm and nep-ure
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Citations: View citations in EconPapers (2)

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Journal Article: Persistence and change of regional new business formation in the national league table (2019) Downloads
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