Smart finance for smart places to foster new venture creation
Erik Lehmann (),
Nikolaus Seitz () and
Katharine Wirsching ()
Additional contact information
Nikolaus Seitz: Augsburg University
Katharine Wirsching: Augsburg University
Economia e Politica Industriale: Journal of Industrial and Business Economics, 2017, vol. 44, issue 1, 51-75
Abstract This study examines the role of smart finance within smart regions to generate smart growth. The smart growth idea has been established by the development of the 20–20 agenda of the European Commission as a regional and urban policy-prioritization framework. We follow this framework of smart growth and rely on the efficacy of the role played by entrepreneurship in driving innovation as being central to the issue. In particular, we argue that new venture creation is shaped by the interplay or ‘match’ between the smartness of a region and the provision of smart finance. Based on metropolitan areas in Germany, our empirical analysis strongly supports the complementary effect of measures of smart finance and the smartness of places in stimulating new venture creation.
Keywords: Smart finance; New venture creation; Smart places (search for similar items in EconPapers)
JEL-codes: G24 L26 R12 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s40812-016-0052-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:epolin:v:44:y:2017:i:1:d:10.1007_s40812-016-0052-7
Ordering information: This journal article can be ordered from
Access Statistics for this article
Economia e Politica Industriale: Journal of Industrial and Business Economics is currently edited by C. Cambini, M.G. Colombo, L. Piscitello, L. Rondi and A. Zanfei
More articles in Economia e Politica Industriale: Journal of Industrial and Business Economics from Springer, Associazione Amici di Economia e Politica Industriale
Bibliographic data for series maintained by Sonal Shukla ().