Details
| Original language | English |
|---|---|
| Pages (from-to) | 221-244 |
| Number of pages | 24 |
| Journal | Small business economics |
| Volume | 42 |
| Issue number | 2 |
| Early online date | 25 Apr 2013 |
| Publication status | Published - Feb 2014 |
Abstract
This article seeks to better understand the link between regional characteristics and individual entrepreneurship. We combine individual-level Global Entrepreneurship Monitor data for Western Germany with regional-level data, using multilevel analysis to test our hypotheses. We find no direct link between regional knowledge creation, the economic context and an entrepreneurial culture on the one side and individual business start-up intentions and start-up activity on the other side. However, our findings point to the importance of an indirect effect of regional characteristics as knowledge creation, the economic context and an entrepreneurial culture have an effect on the individual perception of founding opportunities, which in turn predicted start-up intentions and activity.
Keywords
- Creative class, Global Entrepreneurship Monitor (GEM), Nascent entrepreneurship, Opportunity perception, Regional entrepreneurship
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- General Business,Management and Accounting
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
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In: Small business economics, Vol. 42, No. 2, 02.2014, p. 221-244.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Regional characteristics, opportunity perception and entrepreneurial activities
AU - Stuetzer, Michael
AU - Obschonka, Martin
AU - Brixy, Udo
AU - Sternberg, Rolf
AU - Cantner, Uwe
N1 - Funding Information: Acknowledgments Earlier versions of this paper were presented at the 50th Annual Congress of the European Regional Science Association (Jönköping, Sweden; 2010), the 8th AGSE International Entrepreneurship Research Exchange (Melbourne, Australia; 2011) and the 4th Global Entrepreneurship Research Conference, Imperial College, London (UK). Parts of this research were conducted while the first author was member of the DFG research training group 1411 ‘‘The economics of innovative change’’. The work of the second author on this study was supported by the PATHWAYS International Postdoctoral Fellowship Programme for the Comparative Study of Productive Youth Development (Jacobs Foundation) and the Center for Applied Developmental Science (CADS) of the Friedrich-Schiller-University of Jena, Germany. The authors are grateful to Michael Fritsch, Per Davidsson and Veronique Schutjens for helpful comments on an earlier version of this paper. Publisher Copyright: © 2013, Springer Science+Business Media New York. Copyright: Copyright 2019 Elsevier B.V., All rights reserved.
PY - 2014/2
Y1 - 2014/2
N2 - This article seeks to better understand the link between regional characteristics and individual entrepreneurship. We combine individual-level Global Entrepreneurship Monitor data for Western Germany with regional-level data, using multilevel analysis to test our hypotheses. We find no direct link between regional knowledge creation, the economic context and an entrepreneurial culture on the one side and individual business start-up intentions and start-up activity on the other side. However, our findings point to the importance of an indirect effect of regional characteristics as knowledge creation, the economic context and an entrepreneurial culture have an effect on the individual perception of founding opportunities, which in turn predicted start-up intentions and activity.
AB - This article seeks to better understand the link between regional characteristics and individual entrepreneurship. We combine individual-level Global Entrepreneurship Monitor data for Western Germany with regional-level data, using multilevel analysis to test our hypotheses. We find no direct link between regional knowledge creation, the economic context and an entrepreneurial culture on the one side and individual business start-up intentions and start-up activity on the other side. However, our findings point to the importance of an indirect effect of regional characteristics as knowledge creation, the economic context and an entrepreneurial culture have an effect on the individual perception of founding opportunities, which in turn predicted start-up intentions and activity.
KW - Creative class
KW - Global Entrepreneurship Monitor (GEM)
KW - Nascent entrepreneurship
KW - Opportunity perception
KW - Regional entrepreneurship
UR - http://www.scopus.com/inward/record.url?scp=84876389732&partnerID=8YFLogxK
U2 - 10.1007/s11187-013-9488-6
DO - 10.1007/s11187-013-9488-6
M3 - Article
AN - SCOPUS:84876389732
VL - 42
SP - 221
EP - 244
JO - Small business economics
JF - Small business economics
SN - 0921-898X
IS - 2
ER -