Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19962 
Year of Publication: 
2004
Series/Report no.: 
Papers on Entrepreneurship, Growth and Public Policy No. 1704
Publisher: 
Max Planck Institute for Research into Economic Systems, Jena
Abstract: 
Understanding the factors that promote or mitigate new firm birth is crucial to regional economic development efforts, since a high level of new firm creation significantly contributes to regional economic vitality and is a major signal of a dynamic economy. The literature suggest that various factors such as unemployment, population density/growth, industrial structure, human capital, the availability of financing, and entrepreneurial characteristics significantly influence regional variation in new firm birth rates.
Document Type: 
Working Paper

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