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Entrepreneurship and Local Growth: A comparison of the U.S. and Sweden
KTH, Skolan för industriell teknik och management (ITM), Centra, Centrum för studier inom vetenskap och innovation, CESIS. KTH, Skolan för industriell teknik och management (ITM), Industriell ekonomi och organisation (Inst.), Samhällsekonomi.ORCID-id: 0000-0003-0218-7924
2007 (engelsk)Rapport (Annet vitenskapelig)
Abstract [en]

The U.S. is traditionally viewed as an economy driven by entrepreneurs, whereas the Swedish model is associated with high welfare ambitions and less focus on entrepreneurial activities. This paper seeks to empirically investigate whether the connection between entrepreneurship and growth at the regional level differs between the U.S. and Sweden. By regressing annual entrepreneurship on regional employment growth (and controlling for other conceivable variables impacting employment growth) entrepreneurship is shown to be positively and significantly associated with regional growth in both countries in the 1990s. Still, the result is more robust for the U.S. Other important variables for regional growth is business density and, in the case of the U.S., educational levels and internal scale economies.

sted, utgiver, år, opplag, sider
CESIS, KTH Royal Institute of Technology , 2007. , s. 32
Serie
CESIS Working Paper Series in Economics and Institutions of Innovation ; 103
Emneord [en]
Entrepreneurship, Knowledge spillovers, Regional growth
HSV kategori
Identifikatorer
URN: urn:nbn:se:kth:diva-72312OAI: oai:DiVA.org:kth-72312DiVA, id: diva2:487458
Merknad
QC 20120208Tilgjengelig fra: 2012-02-08 Laget: 2012-01-31 Sist oppdatert: 2012-02-08bibliografisk kontrollert

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