Arbeitspapier

Entrepreneurial spillovers over space and time

Entrepreneurship is a local and dynamic phenomenon. We jointly investigate spatial spillovers and time persistence of regional new business formation. Using panel data from all 402 German counties for 1996-2011, we estimate dynamic spatial panel models of business creation in the high-tech and manufacturing industries. We consider regions of different sizes and systematically search for the most suitable spatial weighting matrices. We find substantial spatial spillovers as well as time persistence of start-up activity, especially in the high-tech industry. This indicates that entrepreneurship is deeply rooted in regions and underlines the importance of local entrepreneurship culture for new business formation.

Sprache
Englisch

Erschienen in
Series: DIW Discussion Papers ; No. 1618

Klassifikation
Wirtschaft
Entrepreneurship
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Size and Spatial Distributions of Regional Economic Activity
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Thema
entrepreneurship
new business formation
spatial spillovers
path dependency
persistence
spatial panel

Ereignis
Geistige Schöpfung
(wer)
Fossen, Frank M.
Martin, Thorsten
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fossen, Frank M.
  • Martin, Thorsten
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2016

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