New Business Formation and Regional Development

New Business Formation and Regional Development
Author: Michael Fritsch
Publisher:
Total Pages: 132
Release: 2013-02
Genre: Community development
ISBN: 9781601986405

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.

Handbook of Research on Entrepreneurship and Regional Development

Handbook of Research on Entrepreneurship and Regional Development
Author: Michael Fritsch
Publisher: Edward Elgar Publishing
Total Pages: 361
Release: 2013-01-01
Genre: Business & Economics
ISBN: 0857936492

Ô. . . the book is an important reading in the field of entrepreneurship. One of its main contributions is that it clearly shows that the process of new firm formation is a regional event. The chapters are rich in theoretical insights and data, and are valuable readings for students, academics, and policy-makers interested in entrepreneurship and regional growth.Õ Ð Christine Tam‡sy, Regional Studies ÔEntrepreneurship can have powerful effects on local as well as national economies. The chapters in this edited volume, authored by well-known experts in their fields, explore various aspects of entrepreneurship and regional development. The book provides an illuminating overview of the current state of knowledge while also sharing with the reader several new findings and insights on issues as diverse as globalization, regional employment growth, nascent entrepreneurs, gazelles, labor productivity, government regulations, and university entrepreneurship. It is recommended reading for anyone interested in these topics.Õ Ð Simon C. Parker, The University of Western Ontario, Canada ÔThere is substantial evidence regarding the considerable regional variation in business creation. Michael Fritsch has done a fine job of assembling the most recent analyses of the best scholars on the regional factors affecting firm creation and the consequences. It is essential reading for any scholar or policy analyst seeking a state-of-the-art overview of the current empirical status of research on this important topic.Õ Ð Paul D. Reynolds, George Washington University, US ÔThis Handbook examines the contribution of the entrepreneur and related processes to regional economic development. The recognition that the indirect entrepreneurial effects on development are more significant than the direct is an important and under-girding conclusion. And further, that entrepreneurial driven effects are often not felt immediately but in some cases only across decades, as illustrated by the over-two-decade incubation of the entrepreneurial culture in Silicon Valley which only later resulted in it becoming the dominant icon of scientific and technology regional development that it is today.Õ Ð Roger Stough, George Mason University, US ÔThis volume fills an important gap in the research literature on entrepreneurship. Entrepreneurship is a localized phenomenon and all too many studies disregard this fact. Thus, the regional economic milieu is a critical factor determining not only the volume and type of entrepreneurship but also the effects of entrepreneurship in terms of value-added growth, employment growth, etc. The contributions in this book by a number of leading scientists in the field provide an excellent overview and understanding of the prerequisites for and the role of entrepreneurship in regional growth and development.Õ Ð Charlie Karlsson, Jšnkšping University, Sweden Recent research has found pronounced differences in the level of entrepreneurship and new business formation across various regions and nations. This timely Handbook reveals that the development of new ventures as well as their effects on overall economic growth are strongly shaped by their regional and national environment. The expert group of contributors gives an overview on the current state of the art in this field, and proposes avenues for further investigation. Topics include the regional determinants of new business formation, the effects of start-ups on growth, the role of globalization for regional entrepreneurship, the effect of national and regional framework conditions, as well as the role of universities as incubators of innovative new firms.

Family Business and Regional Development

Family Business and Regional Development
Author: Rodrigo Basco
Publisher: Routledge
Total Pages: 280
Release: 2021-04-07
Genre: Business & Economics
ISBN: 0429608993

This book explores the relationship between families, firms, and regions and the extent to which these relationships contribute to regional economic and social development. Although family business participation in economic activities has been a common phenomenon since pre-industrial societies, and its importance has evolved throughout time and across spatial contexts, the book suggests that these factors have often been neglected in family business and regional studies. Taking this research gap into account, the book aims to deepen our understanding of the role family firms play in the regional economy. In particular, it explores two seldom studied questions. Firstly, what role do family firms play in regional development? Secondly, how do different spatial regional contexts shape family firm operations and performance? Family Business and Regional Development presents a model of "spatial familiness" and uses themes such as productivity, networks and competitiveness to shed new light on family businesses. Moreover, it approaches the juxtaposition between family business and regional studies to encourage the cross-fertilisation of ideas, theories, and research methods between the two fields. Bringing together leading experts in entrepreneurship, regional economics, and economic geography, this book will be a valuable reading for advanced students, researchers and policymakers interested in family firms, regional studies and economic geography.

Entrepreneurship, Innovation and Regional Development

Entrepreneurship, Innovation and Regional Development
Author: Jay Mitra
Publisher: Routledge
Total Pages: 353
Release: 2013-03
Genre: Business & Economics
ISBN: 1136702539

Entrepreneurship, Innovation and Regional Development is unique in that it addresses the central factors in economic development – entrepreneurship, innovation and organizational learning – as regional phenomena. This definitive text focuses on different types of organizations to illustrate the value of entrepreneurship and innovation both for businesses and for regional development. Establishing a firm link between entrepreneurship, innovation and economic regeneration, the book also examines the factors contributing to their success. Replete with international case studies, empirical evidence of concepts and practical examples, this is an ideal text to support postgraduate teaching and research related to entrepreneurship, innovation management and regional economic development.

Entrepreneurship in the Region

Entrepreneurship in the Region
Author: Michael Fritsch
Publisher: Springer Science & Business Media
Total Pages: 281
Release: 2007-10-23
Genre: Business & Economics
ISBN: 0387283765

Entrepreneurship in the Region approaches many different aspects of entrepreneurship from a regional perspective. The regional influences on entrepreneurship analyzed entail regional peculiarities and disparities in new business formation processes, the success and the employment effects of new firms, the importance of social capital and of network structures as well as entrepreneurship education and training provided in the regions. The articles in this book provide strong evidence for the importance of regional factors that shape entrepreneurship and new firm formation processes. It is shown that regional differences of start-up rates and entrepreneurial attitudes are not at all elusive but tend to be rather persistent and prevail over longer periods of time. The evidence clearly suggests that the regional level can be an appropriate starting point for entrepreneurship policy and that research on the issue may considerably benefit from properly accounting for the spatial dimension.

Entrepreneurship, Growth, and Public Policy

Entrepreneurship, Growth, and Public Policy
Author: Zoltan J. Acs
Publisher: Cambridge University Press
Total Pages: 367
Release: 2009-02-02
Genre: Business & Economics
ISBN: 0521894921

This volume provides a lens to analyze public policy decisions involving entrepreneurship.

The Relationship Between Entrepreneurship and Economic Development

The Relationship Between Entrepreneurship and Economic Development
Author: Sander Wennekers
Publisher: Now Publishers Inc
Total Pages: 82
Release: 2010
Genre: Business & Economics
ISBN: 1601983662

The Relationship between Entrepreneurship and Economic Development summarizes and updates the empirical evidence and presents the main lines of reasoning behind the relationship between economic development and entrepreneurship.

Entrepreneurship, Innovation, and Technological Change

Entrepreneurship, Innovation, and Technological Change
Author: Zoltán J. Ács
Publisher: Now Publishers Inc
Total Pages: 60
Release: 2005
Genre: Business & Economics
ISBN: 1933019182

Entrepreneurship, Innovation and Technological Change links the prevalent theory from the entrepreneurship literature concerning opportunity recognition and exploitation to economic theory, in particular the model of the knowledge production function.

Regional Trajectories of Entrepreneurship, Knowledge, and Growth

Regional Trajectories of Entrepreneurship, Knowledge, and Growth
Author: Michael Fritsch
Publisher: Springer
Total Pages: 152
Release: 2018-09-25
Genre: Business & Economics
ISBN: 3319977822

This book offers a dynamic perspective on regional entrepreneurship, knowledge, innovation and economic growth, with a particular focus on the role that history and culture play. The authors provide comprehensive empirical analyses offering unique insights into the spatial patterns of long-term differences of regional self-employment, new business formation, cultures of entrepreneurship, innovation activities, and development. Policy implications from the analyses and a discussion of important avenues for future research complete this unique book combining history, culture, and entrepreneurship. This is a superb book with an original, historical take on entrepreneurship and regional development. It is a landmark study on Germany showing that regional levels of entrepreneurship are persistent and resilient, despite many disruptive shocks. Ron Boschma, Utrecht University, The Netherlands, and Stavanger University, Norway This book presents the distilled wisdom of two leading authorities on the link between entrepreneurship and economic prosperity at a regional level. Although its prime empirical focus is on Germany there are clear lessons for scholars and policy-makers in all high-income countries. David J Storey, University of Sussex, UK

Pathways to Industrialization and Regional Development

Pathways to Industrialization and Regional Development
Author: Allen J. Scott
Publisher: Routledge
Total Pages: 387
Release: 2005-09-27
Genre: Business & Economics
ISBN: 1134882742

The paradigm of mass production has given way to radically new forms of organizing industrial production based primarily on the need to foster continuous redesign of products and processes in the face of intensified competition. This change, which is designed to engender continuous adaptive learning in production systems, requires considerable organizational flexibility. The mass production systems constructed in the early post-war period foundered in the face of new forms of competition which put a premium on learning and flexibility.