Location, Location, Location: Place-Specific Human Capital, Rural Firm Entry and Firm Survival
Georgeanne Artz,
Zizhen Guo and
Peter Orazem
Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University
Abstract:
A growing subset of economic development programs in the United States are aimed at attracting or creating new firms. Firms less than five years old account for the vast majority of net new job creation in the United States. However, new firms are fragile: one-third of new start-ups fail within two years of opening and two-thirds exit by their sixth year. To succeed, economic development strategies must increase the pace of firm entry without altering the likelihood of failure. Designing such policies requires information on what factors contribute to the success or failure of new ventures, and how those factors vary across locations.
Date: 2016-02
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.card.iastate.edu/ag_policy_review/article/?a=44 Full Text (text/html)
https://www.card.iastate.edu/ag_policy_review/pdf/winter-2016.pdf Full Issue Text (application/pdf)
Related works:
Working Paper: Location, location, location: place-specific human capital, rural firm entry and firm survival (2018) 
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: https://EconPapers.repec.org/RePEc:ias:cpaper:apr-winter-2016-1
Access Statistics for this paper
More papers in Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University Contact information at EDIRC.
Bibliographic data for series maintained by ().