Industry structure, entrepreneurship, and culture: An empirical analysis using historical coalfields

Path dependence in energy systems and economic development

“…persistent behaviour sixty years after conditions changed) is responsible for 60% of total coal-fired power station capacity in certain counties in the USA 39 . Two other examples of path dependence show that the proximity to nineteenth century coal mines in the US and the UK has been associated with less-developed entrepreneurial cultures today 40,41 . Another study indicates that temporary rationing policies can have long term effects on behaviour 42 .…”

Entrepreneurial role models, fear of failure, and institutional approval of entrepreneurship: a tale of two regions

“…Our results provide a potential mechanism as to why there is less entrepreneurship in certain regions and countries than in others. In a recent paper Stuetzer et al (2016) ascribe regional differences in entrepreneurial activity and culture in Great Britain to the long term presence of large-scale industries. In regions dominated by large-scale industries since the Industrial Revolution, there is today less entrepreneurial activity and a weaker entrepreneurship culture compared to other regions.…”

Regional knowledge, entrepreneurial culture, and innovative start-ups over time and space―an empirical investigation

“…It would be interesting to know how regional entrepreneurship cultures have emerged. Hypotheses in this regard stress the role of geographic location, the conditions of the soil, and the inheritance law that prevailed in a region (e.g., Freytag and Thurik 2007;Stuetzer et al 2016). For example, a popular explanation for the pronounced entrepreneurial spirit that is still found in many areas of BadenWuerttemberg in southwest Germany argues that the inheritance law in this region created incentives to shift economic activity from agriculture towards some type of craft businesses, and this has led to a relatively large number of small businesses (for details, see Fritsch andWyrwich 2014, 2017b).…”

“…Chinitz (1961) argues that an entrepreneurial culture is more likely to emerge in areas with high employment shares in small businesses. This argument is further developed in Stuetzer et al (2016). In a nutshell, workers in small firms are in closer contact with an entrepreneurial role model and can acquire entrepreneurial skills more easily than workers in large firms.…”