Regional characteristics, opportunity perception and entrepreneurial activities

Michael Stuetzer (), Martin Obschonka (), Udo Brixy (), Rolf Sternberg and Uwe Cantner ()
Authors registered in the RePEc Author Service: Michael Stützer

Small Business Economics, 2014, vol. 42, issue 2, 244 pages

Abstract: This article seeks to better understand the link between regional characteristics and individual entrepreneurship. We combine individual-level Global Entrepreneurship Monitor data for Western Germany with regional-level data, using multilevel analysis to test our hypotheses. We find no direct link between regional knowledge creation, the economic context and an entrepreneurial culture on the one side and individual business start-up intentions and start-up activity on the other side. However, our findings point to the importance of an indirect effect of regional characteristics as knowledge creation, the economic context and an entrepreneurial culture have an effect on the individual perception of founding opportunities, which in turn predicted start-up intentions and activity. Copyright Springer Science+Business Media New York 2014

Keywords: Regional entrepreneurship; Nascent entrepreneurship; Opportunity perception; Creative class; Global Entrepreneurship Monitor (GEM) (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (68)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:sbusec:v:42:y:2014:i:2:p:221-244

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DOI: 10.1007/s11187-013-9488-6

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