Economics at your fingertips  

Regional entrepreneurship capital and firm production

José Massón-Guerra () and Pedro Ortín-Ángel
Additional contact information
Pedro Ortín-Ángel: Universitat Autònoma de Barcelona

Authors registered in the RePEc Author Service: Pedro Ortín Ángel ()

Small Business Economics, 2017, vol. 49, issue 3, 595-607

Abstract: Abstract Certain theories suggest that the capacity of a region to generate new firms, called entrepreneurship capital, has positive spillover effects on the production of the firms in that region. Evidence generated with aggregated data at the regional level supports this prediction. This paper argues that, using aggregated data at the regional level, entrepreneurship capital could be correlated with regional production even if entrepreneurship capital has no spillover effects on firm production. This will not be the case when data at the firm level are used. This paper provides evidence from a sample of 11,276 Spanish firms during the 2004–2012 period. Positive spillovers are estimated in between effects models, but such spillovers are only found in technological firms when within effects models have been estimated. Thus, the regional entrepreneurship capital spillovers are unclear when data at the firm level are used. Plausible interpretations and implications are discussed.

Keywords: Entrepreneurship capital; Regional growth; Production spillovers; Production function; Panel data; L26; D24; R11; O4 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/11187/PS2

Access Statistics for this article

Small Business Economics is currently edited by Zoltan J. Acs and David B. Audretsch

More articles in Small Business Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-11-16
Handle: RePEc:kap:sbusec:v:49:y:2017:i:3:d:10.1007_s11187-017-9851-0