Table of Contents. Issue archive. Hint Swipe to navigate through the articles of this issue Close hint. Abstract Regional growth differentials could be explained by how intensively and dynamically new firms of a particular region enter expanding industries. Although the direct contribution of new firms to value creation and growth may be regarded as tautological, the aggregate impacts are largely empirically unobserved.
After a brief motivation, we use an expression of firm net entry as an indicator of the distinctive capacity of regional entrepreneurial resources to enter new industries and create value. Using data for Belgian districts, we test the net entry effects on subsequent economic growth in the manufacturing and services industries.
Our analysis helps emphasize the different dynamics at work within the manufacturing and services industries and, although requiring cautious interpretation, provides evidence for some positive impact of net entry on regional economic growth in the services industry. Springer Professional "Wirtschaft" Online-Abonnement. Acs, Z. The determinants of regional variation in new firm formation. Regional Studies, 36 1 , 33— Employment growth and entrepreneurial activity in cities.
Regional Studies, 38 8 , — Agarwal, R. The evolution of markets and entry, exit and survival of firms. Review of Economics and Statistics, 78 3 , — Aghion, P. A model of growth through creative destruction. Econometrica, 60 2 , — Endogenous growth theory.
Arellano, M. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies, 58 2 , — Ashcroft, B. Firm births and employment change in the British counties: — Papers in Regional Science, 75 4 , — New firm formation in British counties: Comparing the s with the s. Audretsch, D. Innovation and industry evolution. Entrepreneurship: a survey of the literature.
The Economics of Small Firms: An Introduction
Creative destruction: turbulence and economic growth in Germany. Perlman Eds. Ann Arbor: University of Michigan Press. Growth regimes over time and space. Regional Studies, 36 2 , — Audrestch, D. Entrepreneurship and economic growth. Oxford: Oxford University Press. Capitalism and democracy in the 21st Century: from the managed to the entrepreneurial economy. Journal of Evolutionary Economics, 10 1—2 , 17— Azevedo Lobo, C. New firm formation: an empirical study for Portugal.
International conference, Regional Studies Association, Pisa.
Baumol, W. Contestable markets and the theory of industrial structure. New York: Harcourt Brace Jovanovich. Beesley, M. Journal of Industrial Economics, 33 2 , — Bosma, N. Creative destruction and regional productivity growth: Evidence from the Dutch manufacturing and services industries. Small Business Economics. Braunerhjelm, P. Geographical concentration, entrepreneurship and regional growth: evidence from regional data in Sweden, — Callejon, M. Business dynamics and efficiency in industries and regions: the case of Spain.
Small Business Economics, 13 4 , — Carree, M. The impact of entrepreneurship on economic growth.
Audretsch Eds. Dordrecht: Kluwer Academic. Small Business Economics, 30 1 , — Caves, R. Industrial organization and new findings on the turnover and mobility of firms. Journal of Economic Literature, 36 4 , — Congregado, E. The dynamics of entrepreneurship: hysteresis, business cycles and government policy. Foelster, S.
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Do entrepreneurs create jobs? Small Business Economics, 14 2 , — Foster, L. Aggregate productivity growth: Lessons from microeconomic evidence. Friis, C. Relating entrepreneurship to economic growth. Johansson, C. Stough Eds. Entrepreneurship, clusters, policy pp.airtec.gr/images/monitoreo-whatsapp/2266-rastrear-numero.php
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Heidelberg: Springer. Fritsch, M. Turbulence and growth in West Germany: a comparison of evidence by regions and industries.
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