Work

Persistence and change in regional entrepreneurship performance: a three-economy comparison

Year: 2025

Type: article

Abstract: This paper compares the factors related to the persistence and change of regional levels of new business formation in the United States, England and Wales, and West Germany. The three economies are highly comparable both in levels of path dependency in their regional start-up rate rankings and in the factors related to long-term changes in regional start-up performance. Regional levels of human capital, foreign-born population and population density explain improvement regional performance, whereas regional wages, population age structure, small firm presence and regional industry structure are not major factors. We propose policy implications and an agenda for further research.

Source: Regional Studies

DOI: 10.1080/00343404.2025.2474033

Authors: Michael Fritsch, Jonathan Potter, Haifeng Qian, Georgios Fotopoulos

Institutions: Friedrich Schiller University Jena, Organisation de Coopération et de Développement Economiques, University of Iowa, University of Peloponnese

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: hybrid

Funders: Ewing Marion Kauffman Foundation, Organisation de Coopération et de Développement Économiques