How does new business formation affect regional development? Introduction to the special issue

By Michael Fritsch. 2007

340 citations recorded by the source corpus.

This paper gives an overview of the empirical research on the effects of new business formation on regional development and introduces the contributions to this special issue. The effects of new businesses on regional development emerge over a longer time-period of up to ten years. A main focus of the contributions to this special issue is on the distribution of these effects over time and on the magnitude of the overall effect. While the basic pattern found for the different countries and regions is quite similar, the magnitude of the overall effect can be different and may even be negative. There are strong indications, that the type of entrants plays an important role in this respect.

Subfields: Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/9c78dc7d75526421349e110f9bbcbb5a5050d2fc

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Management of Technology and Innovation

Citations in the corpus

The impact of government financial support on the performance of new firms: the role of competitive advantage as an intermediate outcome (2014, background): “The ability of entrepreneurs to bring innovations to market is expected to contribute to subsequent performance outcomes, such as growth of sales and jobs creation, increases in productivity and profitability as well as, ultimately, increase of economic and social well-being (Fritsch 2008).”
What is the value of entrepreneurship? A review of recent research (2007, positive): “A recent stream of research, actually initiated by Michael Fritsch (2007), studies aggregated data, mostly at the regional level to analyze both direct and indirect effects of entrepreneurial activity on employment growth (and other outcomes).”
Picking the winner? Empirical evidence on the targeting of R&D subsidies to start-ups (2012, background): “Policymakers and funding authorities should allocate public R&D funds according to the following pre-treatment characteristics: Novelty of the business idea: The innovativeness of a start-up can be regarded as a key determinant of positive external effects, since innovative ventures commercialize kn”
Gazelles as job creators: a survey and interpretation of the evidence (2010, neutral): “Fritsch and Weyh (2006) study the employment trajectories in the 18 cohorts of start-ups founded from 1984 to 2002 in West Germany.”
Entrepreneurship, Evolution and Geography (2009, background): “2003; Metcalfe 2004; Grebel 2007) and has been recognized as an important element in explaining (regional) economic development (Acs and Armington 2004; Audretsch et al. 2006; Fritsch 2008).”
The effect of new business formation on regional development over time: the case of Germany (2006, background): “Therefore, these studies do not allow the assessment of the longer-term effects of new businesses on development, which are probably much more important than the initial employment effect around the time of start-up (Fritsch 2007).”