Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/70184 
Year of Publication: 
2012
Series/Report no.: 
Jena Economic Research Papers No. 2012,064
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Abstract: 
The paper reviews the approaches that have been followed for analyzing the effect of new business formation on regional development. It begins with an outline of how start-ups may affect regional development. In dealing with different ways of empirically assessing these effects, I particularly stress the importance of indirect effects and of accounting for sufficiently long time lags. Finally, I discuss the issue of causality as well as avenues for further research about this important topic.
Subjects: 
new business formation
employment
regional development
JEL: 
L26
M13
O1
O18
R11
Document Type: 
Working Paper

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