The effect of regional entrepreneurship culture on economic development: Evidence for Germany

Arbeitspapier

We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship in the mid- 1920s have higher start-up rates about 80 years later. Furthermore, we find that the effect of current start-up activity on regional employment is significantly higher in regions with a pronounced entrepreneurial culture. We conclude that a regional culture of entrepreneurship is an important resource for regional growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Jena Economic Research Papers ; No. 2014-014

Classification and Topics

• Classification: Wirtschaft ; Entrepreneurship ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes ; Macroeconomic Analyses of Economic Development
• Subject: economic development ; entrepreneurship ; entrepreneurship culture ; institutions ; new business formation ; self-employment

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fritsch, Michael ; Wyrwich, Michael
• Event: Veröffentlichung
• (who): Friedrich Schiller University Jena and Max Planck Institute of Economics
• (where): Jena
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/98454
• Last update: 10.03.2025, 11:43 AM CET