Creativity and Entrepreneurship: A Regional Analysis of New Firm Formation

Richard Florida, Zoltan J. Acs, () and Sam Youl Lee

Discussion Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Group for Entrepreneurship, Growth and Public Policy

Abstract: Understanding the factors that promote or mitigate new firm birth is crucial to regional economic development efforts, since a high level of new firm creation significantly contributes to regional economic vitality and is a major signal of a dynamic economy. The literature suggest that various factors such as unemployment, population density/growth, industrial structure, human capital, the availability of financing, and entrepreneurial characteristics significantly influence regional variation in new firm birth rates.

New Economics Papers: this item is included in nep-ent, nep-ino and nep-ure
Date: 2004-04
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Journal Article: Creativity and Entrepreneurship: A Regional Analysis of New Firm Formation (2004)
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