Entrepreneurship and employment growth across European regions

Doran, Justin; McCarthy, Nóirín; O’Connor, Marie

doi:10.1080/21681376.2015.1135406

Cited by 35 publications

(19 citation statements)

References 20 publications

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“…Such measures include GDP, wealth or productivity for example. Doran, McCarthy, and O'Connor (2016) note that a more nuanced measure of entrepreneurship, rather than just new firm formation, could be utilised to provide a more detailed analysis of the impact of entrepreneurship on economic growth. To overcome these limitations, the GEM's Total Earlystage Entrepreneurial Activity (TEA) ratio has become a widely used measure of entrepreneurship in recent years (Ács & Szerb, 2010).…”

Section: Literature Reviewmentioning

confidence: 99%

The role of entrepreneurship in stimulating economic growth in developed and developing countries

Doran

McCarthy

O’Connor

2018

Cogent Economics & Finance

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170

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This paper analyses whether different measure of entrepreneurship can explain economic growth. It utilises 14 difference indicators of entrepreneurship to analyse the contribution of entrepreneurial activity, aspirations, and attitudes to Gross Domestic Product (GDP) per capita. It also examines whether the importance of entrepreneurship varies across high-income and middle/low-income countries. An unbalanced panel of 55 countries over the time period 2004-2011 is used. Fourteen different indicators of entrepreneurship are utilised and are condensed into three components using principle components analysis. Regression analysis is then used to assess whether these three different components of entrepreneurship drive economic growth. The results indicate that entrepreneurial attitudes are found to stimulate GDP per capita in high-income countries while entrepreneurial activity is found to have a negative effect in middle/low-income economies.

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Section: Literature Reviewmentioning

confidence: 99%

The role of entrepreneurship in stimulating economic growth in developed and developing countries

Doran

McCarthy

O’Connor

2018

Cogent Economics & Finance

Self Cite

170

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“…Factors that are more inconclusive revolve around entrepreneurship and the industrial structure of localities. Through its positive effects on growth and employment [37,38], entrepreneurship would be expected to have a positive effect on the mitigation of a crisis impact. However, quantitative examinations to date suggest that the relationship between entrepreneurship and resilience is more complex and could be influenced by factors such as the local prevalence of foreign businesses [39].…”

Section: Economic Resilience and Its Driversmentioning

confidence: 99%

The Role of Embeddedness on Regional Economic Resilience: Evidence from the UK

2019

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This paper examines the role of local industrial embeddedness on economic resilience in UK Nomenclature of Territorial Units for Statistics (NUTS2) regions. The 2008 financial crisis had a profound effect on the socioeconomic conditions of different places. UK regions had significantly divergent experiences based on their capacity to avoid or overcome the shock. Research has shed light on some potential drivers behind this differential resilience performance such as skills, but others, such as the degree of a production system’s local embeddedness, are largely underexplored. This paper aims at filling this gap. We hypothesise that the combination of positive external economies of complexity and negative lock-in effects lead to an inverted U-shaped relationship between embeddedness and resilience. We use a novel dataset and method for approximating embeddedness and fixed-effects panel regressions for the period 2000–2010 to control for regional heterogeneity. The results support our hypothesis and suggest that embeddedness has a positive effect on resilience up to a point, after which more embeddedness leads to negative resilience effects. The results call for greater attention on the relationships among local industries, particularly with regards to the recent development of local industrial strategies.

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“…Current consideration of the regional variation in entrepreneurship rates comes from the literature on knowledge spillovers (Acs & Armington, 2006;Acs et al, 2013;Doran, McCarthy, & O'Connor, 2016;Fritsch, 2002). The roots of this literature go back over two decades.…”

Section: Knowledge Spillover Theorymentioning

confidence: 99%

Demand pull or supply push? Metro-level analysis of start-ups in the United States

Motoyama

Malizia²

2017

Regional Studies, Regional Science

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Entrepreneurship and employment growth across European regions

Abstract: This research focuses on the impact of regional entrepreneurial activity on employment growth. Specifically it analyses whether new firm formation in European NUTS-2 regions can stimulate job creation and drive employment growth.

Cited by 35 publications

References 20 publications

The role of entrepreneurship in stimulating economic growth in developed and developing countries

The role of entrepreneurship in stimulating economic growth in developed and developing countries

The Role of Embeddedness on Regional Economic Resilience: Evidence from the UK

Demand pull or supply push? Metro-level analysis of start-ups in the United States

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