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

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  • Andrew G Ross
  • John Adams
  • Kenny Crossan

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.

Suggested Citation

  • Andrew G Ross & John Adams & Kenny Crossan, 2015. "Entrepreneurship and the spatial context: A panel data study into regional determinants of small growing firms in Scotland," Local Economy, London South Bank University, vol. 30(6), pages 672-688, September.
    • Handle: RePEc:sae:loceco:v:30:y:2015:i:6:p:672-688
    DOI: 10.1177/0269094215600135
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    References listed on IDEAS

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    1. Cristian Gherhes & Tim Vorley & Nick Williams, 2018. "Entrepreneurship and local economic resilience: the impact of institutional hysteresis in peripheral places," Small Business Economics, Springer, vol. 51(3), pages 577-590, October.

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