THE ENTREPRENEURIAL AND REPLICATION FUNCTION OF NEW FIRM FORMATION

Sierdjan Koster ()

Tijdschrift voor Economische en Sociale Geografie, 2007, vol. 98, issue 5, 667-674

Abstract: New firm formation is commonly seen as a representation of the entrepreneurial capacity of a region. However, there is also a group of new firms that is based on the replication of existing business practices rather than on the entrepreneurial introduction of new practices. Both groups of founding types have a role in the explanation of regional economic development. This paper displays the spatial and industry patterns of two types of new firm formation representing each function: individual foundings and organisational foundings.

Date: 2007
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https://doi.org/10.1111/j.1467-9663.2007.00432.x

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