Determinants of Innovative Versus Non-Innovative Entrepreneurs in Three Southern States

Roberto Gallardo and Roseanne Scammahorn
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Roberto Gallardo: Southern Rural Development Center, Mississippi State University
Roseanne Scammahorn: Southern Rural Development Center, Mississippi State University

The Review of Regional Studies, 2011, vol. 41, issue 2,3, 103-117

Abstract: Entrepreneurship is becoming an important economic development strategy for communities across the nation. This research distinguishes between innovative and non-innovative entrepreneurs as well as “traditional” entrepreneurs – percent nonfarm proprietors of total employed – across counties in Arkansas, Louisiana, and Mississippi. Three sets of predictor variables were used to better understand the determinants of these entrepreneurs: demographic/location, infrastructure, and socioeconomic. Results indicate that innovative entrepreneurs are more sensitive to highway proximity and rurality while non-innovative are more sensitive to educational attainment, creative class, and access to broadband. Important differences surface comparing innovative versus non-innovative versus nonfarm proprietors.

Keywords: entrepreneurship; economic development; innovative (search for similar items in EconPapers)
JEL-codes: L26 R11 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rre:publsh:v:41:y:2011:i:2:p:103-117

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