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Historical roots of innovative entrepreneurial culture: the impact of firms using motive power in 1927 on Italian provincial start-up rate

Author

Listed:
  • Stefania Cosci

    (LUMSA University)

  • Valentina Meliciani

    (Luiss Guido Carli University)

  • Marco Pini

    (Centro Studi delle Camere di Commercio “Guglielmo Tagliacarne†,)

Abstract

This paper investigates persistence in entrepreneurship across Italian provinces over the 1927-2017 period. We distinguish between a “general†dimension (sociopsychological) and a “specific†dimension (learning) of the role model effect. Based on data obtained from comprehensive survey conducted in 1927 by the Italian National Statistical Institute, we find different drivers of persistence across sectors: the only driver of persistence in high technology sectors is the share of entrepreneurs using motive power (“specific†role model effect), while the share of industrial entrepreneurs (“general†role model effect) is an important driver of persistence in low technology manufacturing and service sectors.

Suggested Citation

  • Stefania Cosci & Valentina Meliciani & Marco Pini, 2021. "Historical roots of innovative entrepreneurial culture: the impact of firms using motive power in 1927 on Italian provincial start-up rate," CERBE Working Papers wpC38, CERBE Center for Relationship Banking and Economics.
    • Handle: RePEc:lsa:wpaper:wpc37
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    References listed on IDEAS

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    More about this item

    Keywords

    Innovative start-ups; Regional cultures of entrepreneurship; Historical regional propensity to innovate;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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