Entrepreneurship and the spatial context: A panel data study into regional determinants of small growing firms in Scotland

Andrew G Ross, John Adams and Kenny Crossan

Local Economy, 2015, vol. 30, issue 6, 672-688

Abstract: Entrepreneurship is widely recognised as a key determinant of economic growth, regional prosperity and sustainable development. Using a panel model with data from the value added tax register, this paper estimates spatial variation in small growing firms across 32 Scottish regions for the period 1998–2012. Results show there is considerable variation in small growing firms across Scottish regions and may be explained by demand, supply, policy, cultural factors and agglomeration benefits. Scotland has historically suffered from low levels of entrepreneurial activity; however, this paper provides relevant and timely findings into a form of entrepreneurial activity that until now has largely been overlooked.

Keywords: entrepreneurship; panel data; regions; Scotland; small firms (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:30:y:2015:i:6:p:672-688

DOI: 10.1177/0269094215600135

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