Search results for "New business formation"
showing 2 items of 2 documents
A spatial analysis of new business formation: Replicative vs innovative behaviour
2017
Abstract Using spatial econometric tools, the paper examines the spatial structure of new business formation of Italian regions during the period 2004–2007. In particular, the study empirically investigates whether new business formation in a given geographical area may be explained in terms of replicative and/or innovative entrepreneurial behaviour in each area as well as in the neighbouring areas. Additionally, the analysis focuses on the influence of urbanization on the birth of new firms. From the estimation of a Spatial Durbin Model, we find a significant degree of spatial dependence among Italian regions not only in new business formation but also in some of its determinants. We also …
Demographic change, new business formation and spatial concentration of population
2015
This paper investigates the role of urbanization in the relation between population change and new business formation. The hypothesis of research is that population change significantly influences new business formation only in regions at lower urbanization. This hypothesis is based on the idea that local demand and growing population are significant determinants of new business formation only for rural regions. Using Italian data, we find evidence in support of this hypothesis. Moreover, we find that evidence of spatial dependence in the relation between population change, new business formation and urbanization.