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Entrepreneurship, Information, And Growth

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  • Devin Bunten
  • Stephan Weiler
  • Eric Thompson
  • Sammy Zahran

Abstract

type="main"> We examine the contribution to economic growth of entrepreneurial marketplace information within a regional endogenous growth framework. Entrepreneurs are posited to provide an input to economic growth through the information revealed by their successes and failures. We empirically identify this information source with the regional variation in establishment births and deaths. To account for the potential endogeneity caused by forward-looking entrepreneurs, we utilize instruments based on historic mining activity. We find that the information spillover component of local establishment birth and death rates have significant positive effects on subsequent entrepreneurship and employment growth for U.S. counties and metropolitan areas.

Suggested Citation

  • Devin Bunten & Stephan Weiler & Eric Thompson & Sammy Zahran, 2015. "Entrepreneurship, Information, And Growth," Journal of Regional Science, Wiley Blackwell, vol. 55(4), pages 560-584, September.
  • Handle: RePEc:bla:jregsc:v:55:y:2015:i:4:p:560-584
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    File URL: http://hdl.handle.net/10.1111/jors.12157
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    1. repec:bla:coecpo:v:35:y:2017:i:3:p:578-595 is not listed on IDEAS
    2. Tsvetkova, Alexandra & Partridge, Mark & Betz, Michael, 2016. "Self-employment effects on regional growth: A bigger bang for a buck?," MPRA Paper 75777, University Library of Munich, Germany.
    3. Leah Platt Boustan & Devin Bunten & Owen Hearey, 2013. "Urbanization in the United States, 1800-2000," NBER Working Papers 19041, National Bureau of Economic Research, Inc.
    4. Tessa Conroy & Stephan Weiler, 2016. "Does gender matter for job creation? Business ownership and employment growth," Small Business Economics, Springer, vol. 47(2), pages 397-419, August.

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