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Lee, Sam Youl
Florida, Richard
Ács, Zoltán J.
Year of Publication: 
Series/Report no.: 
Papers on entrepreneurship, growth and public policy 1704
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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