Arbeitspapier
Regional knowledge, entrepreneurial culture and innovative start-ups over time and space: An empirical investigation
We investigate the role of entrepreneurship culture and the historical knowledge base of a region on current levels of new business formation in innovative industries. The analysis is for German regions and covers the time period 1907-2014. We find a pronounced positive relationship between high levels of historical self-employment in science-based industries and new business formation in innovative industries today. This long-term legacy effect of entrepreneurial tradition indicates the prevalence of a regional culture of entrepreneurship. Moreover, local presence and geographic proximity to a technical university founded before the year 1900 is positively related to the level of innovative start-ups more than a century later. The results show that a considerable part of the knowledge that constitutes an important source of entrepreneurial opportunities is deeply rooted in history. We draw conclusions for policy and for further research.
- Sprache
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Englisch
- Erschienen in
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Series: Jena Economic Research Papers ; No. 2018-001
- Klassifikation
-
Wirtschaft
Entrepreneurship
Industry Studies: Manufacturing: General
Industry Studies: Services: General
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Size and Spatial Distributions of Regional Economic Activity
Real Estate Markets, Spatial Production Analysis, and Firm Location: General
- Thema
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Innovative start-ups
universities
regional knowledge
regional cultures of entrepreneurship
- Ereignis
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Geistige Schöpfung
- (wer)
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Fritsch, Michael
Wyrwich, Michael
- Ereignis
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Veröffentlichung
- (wer)
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Friedrich Schiller University Jena
- (wo)
-
Jena
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Fritsch, Michael
- Wyrwich, Michael
- Friedrich Schiller University Jena
Entstanden
- 2018