|
EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/19960
|
| | |
| Title: | | The impact of geographic differences in human capital on service firm formation rates  |
| Authors: | | Ács, Zoltán J. Armington, Catherine |
| Issue Date: | | 2004 |
| Series/Report no.: | | Papers on entrepreneurship, growth and public policy 1504 |
| Abstract: | | Although human capital externalities are a key variable in theories of economic growth, there has been little investigation of the mechanism by which these externalities are realized. We examine the relationship between the local levels of human capital and firm formation rates and find that formation rates differ with the share of adults with college degrees, especially for industries that normally require college-educated founders. They also differ strongly with the local concentration of existing establishments in the same sector, especially for industries serving non-local markets, suggesting that an important mechanism is the spillover of relevant knowledge. |
| Subjects: | | Firm formation Knowledge spillovers Entrepreneuship Human capital Regional growth |
| JEL: | | R1 M13 J24 L80 O3 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik
|
| Files in This Item:
| |
| File |
Description |
Size | Format |
| 2004-15.pdf | | 241.91 kB | Adobe PDF |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/19960
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|