Work

The embedded entrepreneur

Year: 2009

Type: article

Abstract: Using comprehensive data on the Danish population, this paper examines the determinants of entrepreneurs' choices of where to locate their new ventures. Our findings suggest that entrepreneurs place much more emphasis on being close to family and friends than on regional characteristics that might influence the performance of their ventures when deciding where to locate those businesses. Two factors could explain our findings: On the one hand, entrepreneurs may simply value proximity to family and friends. On the other hand, these relationships may help them to assemble the assets and to recruit the personnel that they need to succeed in their ventures. Our results suggest that the former plays the greater role in entrepreneurs' location choices.

Source: European Management Review

DOI: 10.1057/emr.2009.14

Authors: Michael S. Dahl, Olav Sorenson

Institutions: Aalborg University, Yale University

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: bronze

Funder: Rockwool Fonden