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Does Proximity to banks bridge the financial and entrepreneurial gaps?
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Banking and Finance.ORCID iD: 0000-0002-3489-217X
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Building and Real Estate Economics.ORCID iD: 0000-0002-9944-0510
2019 (English)Conference proceedings (editor) (Refereed)
Abstract [en]

Drawing on location theory, the local relationships between new firm formation and its potential determinants are explored in 290 municipalities across Sweden. From the geographically weighted regression (GWR) model in 2013, mostly positive relationships with new firm formation are shown for firm density, human capital level, industry diversification level and percentage of immigrants living in the area. Mostly negative relationships are shown for weighted mean distance to the nearest bank branches, establishment size, unemployment rate, industry specialization. Spatially constrained multivariate clustering is also applied to group municipalities with similar conditions. Implications of the GWR modelling and cluster analysis are then discussed.

Place, publisher, year, edition, pages
Babson College , 2019. , p. 2
National Category
Business Administration Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:kth:diva-256341OAI: oai:DiVA.org:kth-256341DiVA, id: diva2:1345104
Conference
Babson College Entrepreneurship Research Conference
Note

QC 20190828

Available from: 2019-08-22 Created: 2019-08-22 Last updated: 2019-11-26Bibliographically approved

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Wilhelmsson, Mats

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