IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v24y2010i1p23-32.html
   My bibliography  Save this article

Entrepreneurs and Job Growth: Probing the Boundaries of Time and Space

Author

Listed:
  • Jason Henderson

    (Federal Reserve Bank of Kansas City-Omaha Branch, Omaha, NE, USA, jason.henderson@kc.frb.org)

  • Stephan Weiler

    (Colorado State University, Fort Collins, CO, USA)

Abstract

Although scholars have long emphasized the importance of entrepreneurs to long-term growth prospects, entrepreneurship often receives less attention by policy makers than traditional industrial recruitment efforts as regional growth engines. The effects of entrepreneurship may be more subtle than the latter approaches, but business creation can have significant effects across both space and time. This article first sketches the important relationship between innovation, entrepreneurship, and growth and then empirically assesses the relationship between entrepreneurship and job growth across U.S. labor market areas and counties. Three key findings emerge. First, entrepreneurship is systematically related to job growth; furthermore, this relationship increases in intensity over time. Second, entrepreneurship has the greatest impact on the county in which it occurs but also generates positive spillovers for job growth in neighboring counties. Finally, the impact of entrepreneurship is greater in denser, more urbanized settings where such businesses can leverage the advantages of a thick marketplace.

Suggested Citation

  • Jason Henderson & Stephan Weiler, 2010. "Entrepreneurs and Job Growth: Probing the Boundaries of Time and Space," Economic Development Quarterly, , vol. 24(1), pages 23-32, February.
  • Handle: RePEc:sae:ecdequ:v:24:y:2010:i:1:p:23-32
    as

    Download full text from publisher

    File URL: http://edq.sagepub.com/content/24/1/23.abstract
    Download Restriction: no

    References listed on IDEAS

    as
    1. Kenkel, Philip L. & Holcomb, Rodney B., 2006. "Challenges to Producer Ownership of Ethanol and Biodiesel Production Facilities," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 38(02), August.
    2. Rask, Kevin N., 1998. "Clean air and renewable fuels: the market for fuel ethanol in the US from 1984 to 1993," Energy Economics, Elsevier, vol. 20(3), pages 325-345, June.
    3. F. Larry Leistritz, 1992. "Agribusiness firms: Location determinants and economic contribution," Agribusiness, John Wiley & Sons, Ltd., vol. 8(4), pages 273-286.
    4. David L. Barkley & Kevin T. McNamara, 1994. "Manufacturers' Location Decisions: Do Surveys Provide Helpful Insights?," International Regional Science Review, , vol. 17(1), pages 23-47, April.
    5. Greenhut,Melvin L. & Norman,George & Hung,Chao-Shun, 1987. "The Economics of Imperfect Competition," Cambridge Books, Cambridge University Press, number 9780521315647, March.
    6. Kevin McNew & Duane Griffith, 2005. "Measuring the Impact of Ethanol Plants on Local Grain Prices," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(2), pages 164-180.
    7. Kevin T. McNamara & Warren P. Kriesel, 1988. "Manufacturing Location: the Impact of Human Capital Stocks and Flows," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 42-48, Winter.
    8. Schmenner, Roger W. & Huber, Joel C. & Cook, Randall L., 1987. "Geographic differences and the location of new manufacturing facilities," Journal of Urban Economics, Elsevier, vol. 21(1), pages 83-104, January.
    9. Marc Vesecky & David Lins, 1995. "Factors influencing expansion and contraction decisions by Illinois agribusiness firms," Agribusiness, John Wiley & Sons, Ltd., vol. 11(5), pages 405-413.
    10. Plantinga, Andrew J. & Lubowski, Ruben N. & Stavins, Robert N., 2002. "The effects of potential land development on agricultural land prices," Journal of Urban Economics, Elsevier, vol. 52(3), pages 561-581, November.
    11. Jason R. Henderson & Kevin T. McNamara, 1997. "Community Attributes Influencing Local Food Processing Growth in the U.S. Corn Belt," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 45(3), pages 235-250, November.
    12. Rigoberto A. Lopez & Nona R. Henderson, 1989. "The determinants of location choices for food processing plants," Agribusiness, John Wiley & Sons, Ltd., vol. 5(6), pages 619-632.
    13. Henderson, Jason R. & McNamara, Kevin T., 2000. "The Location Of Food Manufacturing Plant Investments In Corn Belt Counties," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(02), December.
    14. Greenhut,Melvin L. & Norman,George & Hung,Chao-Shun, 1987. "The Economics of Imperfect Competition," Cambridge Books, Cambridge University Press, number 9780521305525, March.
    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


    Cited by:

    1. repec:mje:mjejnl:v:12:y:2017:i:2:p:129-140 is not listed on IDEAS
    2. Jozef Habanik & Petr Novak & Jaroslav Belas & Eva Cipovova, 2014. "Actual Trends in Business Risks for Small and Medium Enterprises. Case Studies from the Czech Republic and Slovakia," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 159-181.
    3. repec:mje:mjejnl:v:13:y:2017:i:2:p:129-140 is not listed on IDEAS
    4. Jaroslav BELAS & Yuriy BILAN & Aleksandr Kljucnikov & Zuzana Vincurova & Jiri Machacek, 2015. "Actual Problems Of Business Risk In Sme Segment. Case Study From Slovakia," International Journal of Entrepreneurial Knowledge, VSP Ostrava, a. s., vol. 3(1), pages 46-56, June.
    5. Dudensing, Rebekka M. & Barkley, David L., 2010. "Competitiveness of Southern Metropolitan Areas: The Role of New Economy Policies," The Review of Regional Studies, Southern Regional Science Association, vol. 40(2), pages 197-226.
    6. Dr. J. G. Sri Ranjith & Dr. O. G Dayaratna Banda, 2014. "Determinants of Success of Small Business: A Survey-Based Study in Kuliyapitiya Divisional Secretariat of Sri Lanka," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 4(6), pages 38-50, June.
    7. Deller, Steven C., 2010. "Spatial Variations in the Role of Microenterprises in Economic Growth," The Review of Regional Studies, Southern Regional Science Association, vol. 40(1), pages 71-97.
    8. Conley, Kelsey & Whitacre, Brian, 2015. "Does Broadband Matter for Rural Entrepreneurs or ‘Creative Class’ Employees?," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196832, Southern Agricultural Economics Association.
    9. Noel D. Campbell & David T. Mitchell & Tammy M. Rogers, 2014. "Measures of entrepreneurship and institutions: a more formal robustness check," Chapters,in: Entrepreneurial Action, Public Policy, and Economic Outcomes, chapter 4, pages 52-82 Edward Elgar Publishing.
    10. Amitrajeet A. Batabyal & Peter Nijkamp, 2012. "A Schumpeterian Model of Entrepreneurship, Innovation, and Regional Economic Growth," International Regional Science Review, , vol. 35(3), pages 339-361, July.
    11. repec:rom:rampas:v:2016:y:2016:i:26:p:78-96 is not listed on IDEAS
    12. Ali Dehghanpour Farashah, 2015. "The effects of demographic, cognitive and institutional factors on development of entrepreneurial intention: Toward a socio-cognitive model of entrepreneurial career," Journal of International Entrepreneurship, Springer, vol. 13(4), pages 452-476, December.
    13. Anil Rupasingha & Stephan J. Goetz, 2013. "Self-employment and local economic performance: Evidence from US counties," Papers in Regional Science, Wiley Blackwell, vol. 92(1), pages 141-161, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecdequ:v:24:y:2010:i:1:p:23-32. 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: (SAGE Publications). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.