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Does related variety foster regional entrepreneurship? Evidence from European regions
Several studies have identified positive effects of related variety among a region’s economic sectors on employment growth. However, the exact mechanisms through which knowledge spillovers between related sectors translate into employment growth are yet to be demonstrated. Entrepreneurship may be a possible transmission mechanism via which spillovers lead to the creation of new jobs. In this paper, we analyze novel pan-European regional survey data that distinguishes between opportunity- and necessity-driven entrepreneurs and we find that related variety has a positive effect on opportunity-driven entrepreneurship. In addition, we also find that different ‘varieties of capitalism’ influence regional entrepreneurship.
Does related variety foster regional entrepreneurship? Evidence from European regions
Several studies have identified positive effects of related variety among a region’s economic sectors on employment growth. However, the exact mechanisms through which knowledge spillovers between related sectors translate into employment growth are yet to be demonstrated. Entrepreneurship may be a possible transmission mechanism via which spillovers lead to the creation of new jobs. In this paper, we analyze novel pan-European regional survey data that distinguishes between opportunity- and necessity-driven entrepreneurs and we find that related variety has a positive effect on opportunity-driven entrepreneurship. In addition, we also find that different ‘varieties of capitalism’ influence regional entrepreneurship.
Does related variety foster regional entrepreneurship? Evidence from European regions
Content, Jeroen (author) / Frenken, Koen (author) / Jordaan, Jacob A. (author)
Regional Studies ; 53 ; 1531-1543
2019-11-02
13 pages
Article (Journal)
Electronic Resource
Unknown
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