@techreport{Fritsch2005persistence,
abstract = {We investigate regional differences in the level and the development of regional new business formation activity. There is a pronounced variance of start-up rates across the regions. The level of regional new firm formation is rather path-dependent so that changes are relatively small. The main factors determining the level of regional start-ups are innovation and entrepreneurship. These factors also seem to be responsible for changes in the level of regional new business formation. In addition, unemployment plays a role. Steering innovation and creating an entrepreneurial atmosphere could be an appropriate starting point for policy measures that try to promote start-ups. Our empirical evidence strongly suggests that such measures may have significant effect only in the long run.},
author = {Michael Fritsch and Pamela Mueller},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O1; R11; M13; O18; 330; New businesses; entrepreneurship; growth regimes; time lags; Unternehmensgr\"{u}ndung; Region; Zeit; Wirtschaftsf\"{o}rderung; Lag-Modell; Innovationspolitik; Unternehmer; Deutschland},
language = {eng},
number = {0205},
title = {The persistence of regional new business formation-activity over time : assessing the potential of policy promotion programs},
type = {Papers on entrepreneurship, growth and public policy},
url = {http://hdl.handle.net/10419/19993},
year = {2005}
}
