Regional characteristics, opportunity perception and entrepreneurial activities

Michael Stuetzer, Martin Obschonka, Udo Brixy (), Rolf Sternberg and Uwe Cantner ()
Authors registered in the RePEc Author Service: Michael Stützer

MPRA Paper from University Library of Munich, Germany

Abstract: This paper seeks to better understand the link between regional characteristics and individual entrepreneurship. We combine individual-level GEM data for Western Germany with regional-level data, using multi-level analysis to test our hypotheses. We find no direct link between regional knowledge creation, the economic context and an entrepreneurial culture on the one side and individual business start-up intentions and start-up activity on the other side. However our findings point to the importance of an indirect effect of regional characteristics as knowledge creation, the economic context and an entrepreneurial culture have an effect on the individual perception of founding opportunities which in turn predicted start-up intentions and activity.

Keywords: Regional entrepreneurship; nascent entrepreneurship; opportunity perception; creative class; Global Entrepreneurship Monitor (GEM) (search for similar items in EconPapers)
JEL-codes: J24 L26 M13 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-cse, nep-ent, nep-geo, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Regional characteristics, opportunity perception and entrepreneurial activities (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:48277

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