Entrepreneurship and economic development in cities

被引:155
作者
Audretsch, David B. [1 ]
Belitski, Maksim [2 ]
Desai, Sameeksha [1 ]
机构
[1] Indiana Univ, Bloomington, IN 47405 USA
[2] Univ Reading, Henley Business Sch, Reading RG6 6UD, Berks, England
关键词
REGIONAL-DEVELOPMENT; FIRM FORMATION; BUSINESS FORMATION; INNOVATION; GROWTH; IMPACT; TIME; PERFORMANCE; PERSISTENCE; SYSTEMS;
D O I
10.1007/s00168-015-0685-x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Policy makers have identified the relationship between entrepreneurship and economic development. Yet, little is known about how this relationship varies over time in cities with different market sizes. This study examines the link between entrepreneurship and economic development using a panel of 127 European cities between 1994 and 2009. We found that the immediate economic development impact of new firm start-ups is positive for both small-/medium-size cities and large cities. The relationship is U-shaped for large cities, with the indirect effect taking 7 years, but the indirect effect does not occur in small-/medium-size cities. We offer useful information for policy makers, practitioners, and scholars.
引用
收藏
页码:33 / 60
页数:28
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