Advanced Search
MyIDEAS: Login to save this article or follow this journal

The Determinants of Regional Variation in New Firm Formation

Contents:

Author Info

  • Catherine Armington
  • Zoltan Acs

Abstract

While much of the literature on new firm formation in the 1980s was motivated by high levels of unemployment, much of the focus on new firm start-ups today is motivated by high technology. Using a new database we examine the role of human capital, training and education, and entrepreneurial environment on new firm formation. We find significant differences in new firm formation rates from industrial regions to technologically progressive regions. Variations in firm birth rates are explained by industrial density, population and income growth. These results are consistent with thick labour markets and localized knowledge spillovers. Alors que le chomage constituait le principal moteur de la documentation sur la creation d'entreprise dans les annees 80, de nos jours c'est plutot la nouvelle technologie qui en est le moteur. A partir d'une nouvelle base de donnees, cet article cherche a examiner le role du capital humain, de la formation et de l'education, et du milieu propice a la creation d'entreprise. Il s'avere d'importants ecarts dans les taux de creation d'entreprise entre les regions industrielles et les regions plus a la pointe de la technologie. La variation du taux de creation d'entreprise s'explique par la densite industrielle, la demographie et la croissance du revenu. Ces resultats-la correspondent aux notions de marches du travail forts et de retombees des connaissances localisees. Wahrend in den achtziger Jahren ein Grossteil der Literatur uber die Grundung neuer Firmen durch den hohen Grad der Erwerbslosigkeit veranlasst worden war, verdankt sie heute das Interesse an Firmengrundungen hauptsachlich der Hochtechnologie. Mit Hilfe einer neuen Datenbank werden die Einflusse von Menschenkapital, Ausbildung und Erziehung und einer unternehmerfreundlichen Umwelt auf Firmengrundungen untersucht. Es werden signifikante Unterschiede in den Raten neuer Firmengrundungen in Industriegebieten und technologisch fortschrittlichen Gebieten festgestellt. Schwankungen in Firmengrundungsraten finden ihre Erklarung in Industriedichte, Bevolkerung und Einkommensanstieg. Diese Ergebnisse stimmen mit starken Arbeitsmarkten und ortlich beschrankter Verbreitung von Kenntnisen uberein.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.tandfonline.com/doi/abs/10.1080/00343400120099843
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 36 (2002)
Issue (Month): 1 ()
Pages: 33-45

as in new window
Handle: RePEc:taf:regstd:v:36:y:2002:i:1:p:33-45

Contact details of provider:
Web page: http://www.tandfonline.com/CRES20

Order Information:
Web: http://www.tandfonline.com/pricing/journal/CRES20

Related research

Keywords: New Firm Formation; Spillovers; Unemployment; Spatial Variation;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Krugman, Paul, 1991. "History and Industry Location: The Case of the Manufacturing Belt," American Economic Review, American Economic Association, vol. 81(2), pages 80-83, May.
  2. Paul R. Krugman, 1991. "First Nature, Second Nature, and Metropolitan Location," NBER Working Papers 3740, National Bureau of Economic Research, Inc.
  3. Antonio Ciccone & Robert E. Hall, 1995. "Productivity and the density of economic activity," Economics Working Papers 120, Department of Economics and Business, Universitat Pompeu Fabra.
  4. Paul Krugman, 1990. "Increasing Returns and Economic Geography," NBER Working Papers 3275, National Bureau of Economic Research, Inc.
  5. Peter Nijkamp & Jacques Poot, 1998. "original: Spatial perspectives on new theories of economic growth," The Annals of Regional Science, Springer, vol. 32(1), pages 7-37.
  6. Acs, Zoltan J & Audretsch, David B & Feldman, Maryann P, 1992. "Real Effects of Academic Research: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 363-67, March.
  7. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S71-102, October.
  8. Acs, Zoltan J & Audretsch, David B & Feldman, Maryann P, 1994. "R&D Spillovers and Recipient Firm Size," The Review of Economics and Statistics, MIT Press, vol. 76(2), pages 336-40, May.
  9. Paul Krugman, 1998. "Space: The Final Frontier," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 161-174, Spring.
  10. Anselin, Luc & Varga, Attila & Acs, Zoltan, 1997. "Local Geographic Spillovers between University Research and High Technology Innovations," Journal of Urban Economics, Elsevier, vol. 42(3), pages 422-448, November.
  11. Timothy J. Bartik, 2002. "Small Business Start-Ups in the United States: Estimates of the Effects of Characteristics of States," Book chapters authored by Upjohn Institute researchers, in: Norris F. Krueger (ed.), Entrepreneurship: Critical Perspectives on Business and Management, volume 0, pages 191-210 W.E. Upjohn Institute for Employment Research.
  12. Audretsch, David B & Feldman, Maryann P, 1996. "R&D Spillovers and the Geography of Innovation and Production," American Economic Review, American Economic Association, vol. 86(3), pages 630-40, June.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:36:y:2002:i:1:p:33-45. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.