IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

¿Existen incentivos a emprender en sectores tecnológicos? Un análisis sistémico e individual de la creación y rendimiento de nuevas empresas de base tecnológica

Listed author(s):
  • Ferran Vendrell Herrero


    (Orkestra - Basque Institute of Competitiveness)

  • José Luis González Pernía


    (Orkestra - Basque Institute of Competitiveness)

Registered author(s):

    Few studies have analyzed the connection between individual behavior of the entrepreneur and the social value of entrepreneurial activity. This work contributes modestly to the discipline of entrepreneurship. It sheds light on the role played by innovative entrepreneurs in the composition of business demography of a region. We find a U-inverse relationship between the percentage of innovative firms and regional economic growth. This result suggests the existence of an optimum percentage of innovative firms. In addition, we analyze in depth the decision of an individual to engage either technology sectors or traditional ones with lower social value. The results come from a sample of approximately 20,000 companies in the Basque Country (region with a sub-optimal percentage of innovative/technological firms). They show that entrepreneurs operating in high technology sectors get a supra-return (in financial, economic and demographic terms) compared to entrepreneurs operating in sectors with a lower technological component. Therefore the results suggest that, on average -and under the situation where the percentage of innovative firms is sub-optimal- there is an alignment of public and private benefits.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Paper provided by Orkestra - Basque Institute of Competitiveness in its series Working Papers with number 200904.

    in new window

    Date of creation: 09 Nov 2009
    Handle: RePEc:ivc:wpaper:200904
    Contact details of provider: Postal:

    Phone: +34 943 297 327
    Fax: +34 943 279 323
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ivc:wpaper:200904. 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: (Asier Murciego)

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.