Investments, incentives, and innovation: geographical clustering dynamics as drivers of sustainable entrepreneurship
Sanwar Sunny () and
Cheng Shu ()
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Cheng Shu: University of Missouri—Kansas City
Small Business Economics, 2019, vol. 52, issue 4, 905-927
Abstract This study attempts to fill the literature gap regarding sustainable entrepreneurship viewed through geographical clustering lenses by examining how institutional factors such as local entrepreneurship and innovation climates, knowledge networks, policies, resource availability, and awareness affect entrepreneurial firm formation in the USA. Drawing from various theoretical views within the interdisciplinary literature on the topic, we develop cross-cluster hypotheses regarding firm formation and geographic clustering of clean-technology companies. We test them using a negative binomial random effects model in a panel sample of US clean-technology startup firms and find general support.
Keywords: Cluster; Entrepreneurial ecosystems; Agglomeration; Clean technology; Knowledge spillover; Sustainable entrepreneurship (search for similar items in EconPapers)
JEL-codes: L26 O44 Q42 Q48 Q55 R11 (search for similar items in EconPapers)
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