Sources of persistence in regional start-up rates-evidence from Sweden
2011 (English)In: Journal of Economic Geography, ISSN 1468-2702, E-ISSN 1468-2710, Vol. 11, no 1, 179-201 p.Article in journal (Refereed) Published
This article assesses the spatial-temporal persistence of a dynamic phenomenon: start-ups. Two mechanisms that explain persistence in start-up rates are distinguished: (i) determinants of start-ups that are spatially 'sticky' and durable and (ii) path dependence in start-up activities in the form of a response mechanism between previous and current start-up activities. A dynamic panel analysis of the relationship between lagged start-up rates and current start-up rates confirms that both effects are important in explaining persistence. The second mechanism implies a regional dimension in persistence, such that regions with high levels of start-up rates will exhibit stronger persistence. We find empirical evidence of this using quantile regression techniques.
Place, publisher, year, edition, pages
2011. Vol. 11, no 1, 179-201 p.
Entrepreneurship, persistence, path dependence, regional start-up dynamics
Economics and Business
IdentifiersURN: urn:nbn:se:kth:diva-30256DOI: 10.1093/jeg/lbp069ISI: 000285416500007ScopusID: 2-s2.0-78650323364OAI: oai:DiVA.org:kth-30256DiVA: diva2:399483
QC 201102222011-02-222011-02-212011-02-22Bibliographically approved