Konferenzbeitrag
Does Quality make a Difference? Employment Effects of High- and Low-Quality Start-ups
This paper investigates the impact of new firms' quality on the magnitude of their employment effects. Our results clearly show that the quality of start-ups, measured by their affiliation to sectors and innovative industries, strongly influences the direct and the overall employment contribution of new firms. In particular, start-ups in manufacturing industries generate larger direct and overall growth effects than those in services. Moreover, new businesses in innovative manufacturing and in knowledge-intensive service industries make a larger direct contribution to employment than start-ups affiliated to other industries. We also find a relatively strong overall effect of new business formation in knowledge-intensive service industries. The impact of start-ups in innovative manufacturing industries on overall regional employment growth is, however, not statistically significant what may be mainly a result of their rather small share in all start-ups and due to the fact that they impact more on firms in other regions than start-ups in non-innovative manufacturing. Finally, we discuss conclusions for entrepreneurship policy, which can be derived from our findings.
- Language
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Englisch
- Bibliographic citation
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Series: 50th Congress of the European Regional Science Association: "Sustainable Regional Growth and Development in the Creative Knowledge Economy", 19-23 August 2010, Jönköping, Sweden
- Classification
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Wirtschaft
Entrepreneurship
New Firms; Startups
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- Subject
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Entrepreneurship
new business formation
innovative industries
regional development
entrepreneurship policy
- Event
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Geistige Schöpfung
- (who)
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Fritsch, Michael
Schroeter, Alexandra
- Event
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Veröffentlichung
- (who)
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European Regional Science Association (ERSA)
- (where)
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Louvain-la-Neuve
- (when)
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2010
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Fritsch, Michael
- Schroeter, Alexandra
- European Regional Science Association (ERSA)
Time of origin
- 2010
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