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Creativity and Entrepreneurship: A Regional Analysis of New Firm Formation

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Author Info
Richard Florida
Zoltan Acs ()
Sam Youl Lee

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Abstract

Understanding the factors that promote or mitigate new firm birth is crucial to regional economic development efforts, since a high level of new firm creation significantly contributes to regional economic vitality and is a major signal of a dynamic economy. The literature suggest that various factors such as unemployment, population density/growth, industrial structure, human capital, the availability of financing, and entrepreneurial characteristics significantly influence regional variation in new firm birth rates.

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Publisher Info
Paper provided by Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group in its series Papers on Entrepreneurship, Growth and Public Policy with number 2004-17.

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Length: 24 pages
Date of creation: Apr 2004
Date of revision:
Handle: RePEc:esi:egpdis:2004-17

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This paper has been announced in the following NEP Reports: Cited by:
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  1. Sarah Low & Jason Henderson & Stephan Weiler, 2005. "Gauging a region's entrepreneurial potential," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 61-89. [Downloadable!]
  2. Michael Fritsch, 2007. "The Geography and the Effect of Creative People in Germany," Jena Economic Research Papers in Economics 2007-001, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek. [Downloadable!]
  3. Audretsch, David B & Dohse, Dirk & Niebuhr, Annekatrin, 2008. "Cultural Diversity and Entrepreneurship: A Regional Analysis for Germany," CEPR Discussion Papers 6945, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  4. Florida, Richard & Mellander, Charlotta & Qian, Haifeng, 2008. "Creative China? The University, Tolerance and Talent in Chinese Regional Development," Working Paper Series in Economics and Institutions of Innovation 145, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies. [Downloadable!]
  5. Singh-Knights, Doolarie & Smith, Dennis & Budumuru, Yoganand, 2006. "Determinants of Entrepreneurship and Small Business Activity: A Two-Stage Regression Analysis," 2006 Annual meeting, July 23-26, Long Beach, CA 21447, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  6. Chad Moutray, 2008. "Educational Attainment and Other Characteristics of the Self-Employed: An Examination using Data from the Panel Study of Income Dynamics," The Office of Advocacy Small Business Working Papers 07cm, U.S. Small Business Administration, Office of Advocacy. [Downloadable!]
  7. Westlund, Hans & Calidoni-Lundberg, Federica, 2007. "THE CREATIVE CLASS AND SOCIAL CAPITAL - civil society, regional development and high-tech employment in Japan," Working Paper Series in Economics and Institutions of Innovation 112, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies. [Downloadable!]
  8. Sjoerd Beugelsdijk, 2007. "Entrepreneurial culture, regional innovativeness and economic growth," Journal of Evolutionary Economics, Springer, vol. 17(2), pages 187-210, April. [Downloadable!] (restricted)
  9. whitney Oliver Peake & Maria I. Marshall, 2006. "What Do We Really Know About Entrepreneurs? An Analysis Of Nascent Entrepreneurs In Indiana," Working Papers 06-14, Purdue University, College of Agriculture, Department of Agricultural Economics. [Downloadable!]
  10. Zoltan Acs & Pamela Mueller, 2008. "Employment effects of business dynamics: Mice, Gazelles and Elephants," Small Business Economics, Springer, vol. 30(1), pages 85-100, January. [Downloadable!] (restricted)
    Other versions:
  11. Sander Wennekers & André van Stel & Roy Thurik & Paul Reynolds, 2005. "Nascent entrepreneurship and the level of economic development," Papers on Entrepreneurship, Growth and Public Policy 2005-14, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group. [Downloadable!]
    Other versions:
  12. Yvonne von Friedrichs & Hakan Boter, 2009. "Meeting Radical Change and Regional Transition: Regional Closedowns and the Role of Entrepreneurship," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 7(2), pages 99-122. [Downloadable!]
  13. Zoltan J. Acs & Monika I. Megyesi, 2007. "Creativity and Industrial Cities: A Case Study of Baltimore," Papers on Entrepreneurship, Growth and Public Policy 2007-08, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group. [Downloadable!]
    Other versions:
  14. Wojan, Timothy R. & McGranahan, David A., 2007. "Ambient Returns: Creative Capital's Contribution to Local Manufacturing Competitiveness," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 36(1), April. [Downloadable!]
  15. Whitney Peake & Maria Marshall, 2007. "Getting the Most Bang for the Buck: An Analysis of States’ Relative Efficiencies in Promoting the Birth of Small Firms," The Office of Advocacy Small Business Working Papers 07wpmm, U.S. Small Business Administration, Office of Advocacy. [Downloadable!]
  16. Nijkamp, Peter, 2009. "Entrepreneurship, Development, and the Spatial Context Retrospect and Prospect," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  17. Niels Bosma & R. Sternberg & Zoltan Acs, 2008. "The Entrepreneurial Advantage of World Cities," Scales Research Reports H200810, EIM Business and Policy Research. [Downloadable!]
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