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Les déterminants de la dynamique entrepreneuriale dans les régions françaises (1994-2003)

  • Martin Koning

    ()

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS)

  • Marie-Estelle Binet

    ()

    (CREM - Centre de Recherche en Economie et Management - CNRS - Université de Caen Basse-Normandie - UR1 - Université de Rennes 1)

  • François Facchini

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS)

This research aims at appraising the determinants of entrepreneurship dynamism in the French administrative regions over the period 1993-2004. First, we highlight how the regional territory may be considered under a double dimension in order to explain the differentials between the regional activities of entrepreneurs. One may consider a regional territory either as an incentive system or as a cognitive system. By modifying individual trade-offs and/or easing the diffusion of information, the regional atmosphere indeed influences personal choices related to new firms creations. This theoretical approach then leads us to specify a dynamic model of entrepreneurial activity at the regional level. Based on Blundell and Bond (1998) methodology and on French regional data, we confirm Holcombe's assumption (1998) stipulating that the creation of firms can be mainly explained by itself and can be viewed as an auto-regressive process. We also deduct from our econometric estimations that the unemployment rate and the available income positively impact entrepreneurship activity. Inversely, the size of existing firms may play the role of a barrier to entry on the regional market. Finally, institutional and cultural factors cannot be neglected as potential determinants of firms creations at the regional level, as illustrated by the significance of individual fixed effects.

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Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00467900.

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Date of creation: 06 Jan 2010
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Handle: RePEc:hal:cesptp:halshs-00467900
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  1. Edward L. Glaeser & William R. Kerr & Giacomo A. M. Ponzetto, 2009. "Clusters of entrepreneurship," Economics Working Papers 1359, Department of Economics and Business, Universitat Pompeu Fabra.
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  9. Bisson, Franck & Bonnet, Jean, 2012. "La caractérisation du développement infrarégional en Basse-Normandie," Revue d'économie régionale et urbaine, Editions NecPlus, vol. 2009(01), pages 133-154, May.
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  13. Kihlstrom, Richard E & Laffont, Jean-Jacques, 1979. "A General Equilibrium Entrepreneurial Theory of Firm Formation Based on Risk Aversion," Journal of Political Economy, University of Chicago Press, vol. 87(4), pages 719-48, August.
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  16. Anisya S Thomas & Stephen L Mueller, 2000. "A Case for Comparative Entrepreneurship: Assessing the Relevance of Culture," Journal of International Business Studies, Palgrave Macmillan, vol. 31(2), pages 287-301, June.
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  18. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
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