Regional Determinants of Entrepreneurship in a Small Economy: Panel Data Evidence from Scotland
This paper analyses the spatial variation of new entrepreneurial activity across 32 Scottish regions for the period 1998-2007. Entrepreneurship is widely recognised as a key determinant of economic growth, regional prosperity and sustainable development. Using data from the Value Added Tax (VAT) register, this paper estimates spatial variation in new entrepreneurial activity using a panel data model. Results show that there is considerable variation in entrepreneurship across Scottish regions and that this variation may be explained by demand and supply factors, policy and cultural factors and agglomeration benefits. Given that Scotland has recently suffered from low levels of entrepreneurship compared with other parts of the UK and similar sized smaller countries, this paper provides relevant and timely findings, as Scotland attempts to recover from the recent recession.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sam Youl Lee & Richard Florida & Zoltan Acs, 2004.
"Creativity and Entrepreneurship: A Regional Analysis of New Firm Formation,"
Taylor & Francis Journals, vol. 38(8), pages 879-891.
- Richard Florida & Zoltan Acs & Sam Youl Lee, 2004. "Creativity and Entrepreneurship: A Regional Analysis of New Firm Formation," Papers on Entrepreneurship, Growth and Public Policy 2004-17, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
- André van Stel & Niels Bosma & Kashifa Suddle, 2006. "The Geography of New Firm Formation: Evidence from Independent Start-ups and New Subsidiaries in the Netherlands," Scales Research Reports H200615, EIM Business and Policy Research.
- Christine Tamásy & Richard Le Heron, 2008. "The Geography Of Firm Formation In New Zealand," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 99(1), pages 37-52, 02.
- Erik Stam, 2009. "Entrepreneurship, Evolution and Geography," Papers in Evolutionary Economic Geography (PEEG) 0913, Utrecht University, Section of Economic Geography, revised Sep 2009.
- Erik Stam, 2011. "Entrepreneurship, Evolution and Geography," ERSA conference papers ersa10p1267, European Regional Science Association.
- Erik Stam, 2009. "Entrepreneurship, Evolution and Geography," Papers on Economics and Evolution 2009-07, Philipps University Marburg, Department of Geography.
- Aki Kangasharju, 2000. "Regional variations in firm formation: Panel and cross-section data evidence from Finland," Papers in Regional Science, Springer;Regional Science Association International, vol. 79(4), pages 355-373.
- 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.
- Su-wan Wang, 2006. "Determinants of New Firm Formation in Taiwan," Small Business Economics, Springer, vol. 27(4), pages 313-321, December.
- Acs, Zoltan J. & Armington, Catherine, 2004. "The impact of geographic differences in human capital on service firm formation rates," Journal of Urban Economics, Elsevier, vol. 56(2), pages 244-278, September.
- Zoltan J. Acs & Catherine Armington, 2004. "The Impact of Geographic Differences in Human Capital on Service Firm Formation Rates," Papers on Entrepreneurship, Growth and Public Policy 2004-15, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
- Vinod Sutaria & Donald A. Hicks, 2004. "New firm formation: Dynamics and determinants," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 38(2), pages 241-262, 06.
- Hannu Tervo, 2008. "Self-employment transitions and alternation in Finnish rural and urban labour markets," Papers in Regional Science, Wiley Blackwell, vol. 87(1), pages 55-76, 03.
- Miyase Yesim Köksal, 2003. "Regional Variation in New Firm Formation in Turkey: Cross-Section and Panel Data Evidence," ERSA conference papers ersa03p263, European Regional Science Association.
- Beaudry, Catherine & Schiffauerova, Andrea, 2009. "Who's right, Marshall or Jacobs? The localization versus urbanization debate," Research Policy, Elsevier, vol. 38(2), pages 318-337, March.
- Christine Tamasy, 2006. "Determinants of regional entrepreneurship dynamics in contemporary Germany: A conceptual and empirical analysis," Regional Studies, Taylor & Francis Journals, vol. 40(4), pages 365-384.
- Yuko Aoyama, 2009. "Entrepreneurship and Regional Culture: The Case of Hamamatsu and Kyoto, Japan," Regional Studies, Taylor & Francis Journals, vol. 43(3), pages 495-512.
- Glaeser, Edward L. & Rosenthal, Stuart S. & Strange, William C., 2010. "Urban economics and entrepreneurship," Journal of Urban Economics, Elsevier, vol. 67(1), pages 1-14, January.
- Edward L. Glaeser & Stuart S. Rosenthal & William C, Strange, 2010. "Urban Economics and Entrepreneurship," NBER Chapters,in: Cities and Entrepreneurship National Bureau of Economic Research, Inc.
- Edward L. Glaeser & Stuart S. Rosenthal & William C. Strange, 2009. "Urban Economics and Entrepreneurship," NBER Working Papers 15536, National Bureau of Economic Research, Inc.
- Johnson, Peter & Conway, Cheryl, 1997. "How Good Are the U.K. VAT Registration Data at Measuring Firm Births?," Small Business Economics, Springer, vol. 9(5), pages 403-409, October.
- Martin Andersson & Sierdjan Koster, 2011. "Sources of persistence in regional start-up rates--evidence from Sweden," Journal of Economic Geography, Oxford University Press, vol. 11(1), pages 179-201, January.
- Andersson, Martin & Koster, Sierdjan, 2009. "Sources of Persistence in Regional Start-Up Rates - evidence from Sweden," Working Paper Series in Economics and Institutions of Innovation 177, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
- P. Mueller, 2006. "Entrepreneurship in the Region: Breeding Ground for Nascent Entrepreneurs?," Small Business Economics, Springer, vol. 27(1), pages 41-58, August. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa11p848. 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: (Gunther Maier)
If references are entirely missing, you can add them using this form.