Regional characteristics, opportunity perception and entrepreneurial activities
AbstractThis paper seeks to better understand the link between regional characteristics and individual entrepreneurship. We combine individual-level GEM data for Western Germany with regional-level data, using multi-level analysis to test our hypotheses. We find no direct link between regional knowledge creation, the economic context and an entrepreneurial culture on the one side and individual business start-up intentions and start-up activity on the other side. However our findings point to the importance of an indirect effect of regional characteristics as knowledge creation, the economic context and an entrepreneurial culture have an effect on the individual perception of founding opportunities which in turn predicted start-up intentions and activity.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 48277.
Date of creation: 2013
Date of revision:
Regional entrepreneurship; nascent entrepreneurship; opportunity perception; creative class; Global Entrepreneurship Monitor (GEM);
Find related papers by JEL classification:
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-20 (All new papers)
- NEP-CSE-2013-07-20 (Economics of Strategic Management)
- NEP-ENT-2013-07-20 (Entrepreneurship)
- NEP-GEO-2013-07-20 (Economic Geography)
- NEP-SBM-2013-07-20 (Small Business Management)
- NEP-URE-2013-07-20 (Urban & Real Estate Economics)
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