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The impact of entrepreneurship on local growth: A comparision of the U.S. and Sweden
KTH, School of Architecture and the Built Environment (ABE), Transport and Economics.
(English)Manuscript (preprint) (Other academic)
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.

Keyword [en]
Entrepreneurship, Knowledge spillovers, Regional growth
National Category
Economics
Identifiers
URN: urn:nbn:se:kth:diva-25871OAI: oai:DiVA.org:kth-25871DiVA: diva2:360380
Note
QC 20101103Available from: 2010-11-03 Created: 2010-11-03 Last updated: 2010-11-03Bibliographically approved
In thesis
1. The wealth of regions: geographic concentration , entrepreneurship and regional growth
Open this publication in new window or tab >>The wealth of regions: geographic concentration , entrepreneurship and regional growth
2007 (English)Licentiate thesis, comprehensive summary (Other scientific)
Abstract [en]

This thesis consists of three individual essays and an introductory chapter. The essays contribute to the current vein of empirical literature on economic geography and entrepreneurship. In two of the three essays the empirical analysis is preformed using panel data cross tabulated over years, regions and industries; whereas the third essay use data distributed over years and regions. The first essay implements a measure of geographic concentration and investigates the extent of concentration in Swedish industries and the relationship to economic growth specified as labour productivity. The second essay focuses on the composition of industry concentration. Using a similar measure as in the first essay the co-location of Swedish industries are investigated as well as the relationship to economic growth. The third essay explores the connection between entrepreneurship and regional growth – measured as employment growth – in Sweden and the U.S.

Place, publisher, year, edition, pages
Stockholm: KTH, 2007. 25 p.
Series
TRITA-TEC-LIC, ISSN 1653-445X ; 07-001
National Category
Economics
Identifiers
urn:nbn:se:kth:diva-4464 (URN)978-91-85539-20-8 (ISBN)
Presentation
2007-06-08, 5055, KTH, Drottning Kristinas väg 30, Stockholm, 15:00
Opponent
Supervisors
Note

QC 20101103

Available from: 2007-07-24 Created: 2007-07-24 Last updated: 2016-05-31Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf