New Business Formation and Regional Development

A Survey and Assessment of the Evidence
1. Auflage 2013
ISBN: 978-1-60198-640-5
Verlag: Now Publishers

Buch, Englisch, Band 40, 124 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 71 g

Reihe: Foundations and Trends® in Entrepreneurship

New Business Formation and Regional Development provides an overview of the effects that new businesses have on regional development. The focus is on regions because geographical units of observation are much better suited for such an analysis than are industries. Regional growth is a complex process that involves large numbers of start-ups in diverse industries, firm exit, and growing and declining incumbent firms. The determinants of the effects that new business formation has in this complex process may be different from those factors that make individual start-ups succeed or a fail. After an introductory explanation, section 2 begins with a brief sketch of the extant research on this topic. Section 3 reviews the main theoretical approaches that provide insights and explanations, and combines them in a more diverse and comprehensive explanation of the effects of start-ups on development. This eclectic approach particularly highlights the competitive challenge that start-ups pose to incumbent firms and the important role played by the regional environment. Section 4 reports the available empirical evidence on the different effects that new business formation might have on regional development. The research ends with a discussion of policy implications in Section 5, and outlining important questions for further research in Section 6.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Regional- und Städtische Wirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Industrie- und Technologiepolitik
• Wirtschaftswissenschaften Betriebswirtschaft Management Unternehmensgründung

Inhaltsverzeichnis

The Link Between New Business Formation and Growth. Emergence of the Research Field. Theory: The Role of Entrepreneurship in Economic Development. Results of Empirical Research. Implications for Entrepreneurship Policy. Avenues for Further Research. Final remarks. References.