The Influences of Economic and Technology Policy on the Dynamics of New Firm Formation
AbstractThis study attempts to reveal how macroeconomic and technology policies that encompass the opportunity and individual drivers of entrepreneurship explain the dynamics of new firm formation in a country. To do so we rely on the Schumpeterian, industrial organization, and labor economics traditions of entrepreneurship, and performed an exploratory test with longitudinal U.S. data from 1968 to 1993. The results of this study suggest that R&D investments, patents, economic concentration, pro-competition policy, and labor mobility are important areas in which government policy can influence the intensity of new firm formation. Copyright Springer 2006
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Bibliographic InfoArticle provided by Springer in its journal Small Business Economics.
Volume (Year): 26 (2006)
Issue (Month): 5 (06)
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Web page: http://www.springerlink.com/link.asp?id=100338
entrepreneurial policy; government; new firm formation; L50 (Regulation and Industrial Policy-General); M13 (Entrepreneurship) ; M20 (Business Economics-General);
Find related papers by JEL classification:
- L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
- M20 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - General
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- Roberta Piergiovanni & Martin Carree & Enrico Santarelli, 2012.
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- David B. Audretsch & Dirk Christian Dohse & Annekatrin Niebuhr, 2014. "Regional Unemployment Structure and New Firm Formation," Kiel Working Papers 1924, Kiel Institute for the World Economy.
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