Arbeitspapier
Does Entrepreneurship reduce Unemployment?
In this paper, we develop two hypotheses: First, regional innovation efforts have a positive impact on regional knowledge based entrepreneurial activity. Second, knowledge based entrepreneurship positively affects regional economic performance. We test these hypotheses using county level data from West Germany, employing a structural equation model to analyze the relationships between latent variables. Our empirical analysis provides evidence supporting both hypotheses. In particular, our results suggest that innovation efforts have an indirect effect on economic performance via entrepreneurship. This indirect effect is neglected in existing empirical studies focusing on the direct effect of innovation on economic performance.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 01-074/3
- Klassifikation
-
Wirtschaft
Production, Pricing, and Market Structure; Size Distribution of Firms
New Firms; Startups
Macroeconomic Analyses of Economic Development
- Thema
-
entrepreneurship
unemployment
economic development
Gibrat's Law
Entrepreneurship-Ansatz
Arbeitslosigkeit
Beschäftigungseffekt
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Audretsch, D.B.
Carree, M.A.
Thurik, A.R.
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Audretsch, D.B.
- Carree, M.A.
- Thurik, A.R.
- Tinbergen Institute
Entstanden
- 2001