Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/144898
Authors: 
Fritsch, Michael
Kublina, Sandra
Year of Publication: 
2016
Series/Report no.: 
Jena Economic Research Papers 2016-001
Abstract: 
We investigate persistence and change of the levels of regional new business formation in West Germany over a period of thirty years. Our indicator is the position of a region in the national ranking. As indicated by previous studies, we generally find a rather high level of persistence and confirm the role of several sources of this persistence, namely, persistence in regional determinants of new business formation, distinct regional cultures of entrepreneurship, and path dependence in new business formation activity. There are, however, also a number of regions that have moved up or down in the national ranking by a considerable number of positions. We find that main factors that are related to such rank changes are R&D activities, industry diversity, and regional wage levels.
Subjects: 
economic development
entrepreneurship
new business formation
regional growth regimes
JEL: 
L26
R11
O11
Document Type: 
Working Paper

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