Entrepreneurship capital spillovers at the local level
| Autor: | Pedro Ortín-Ángel, José Luis Massón-Guerra |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Economics and Econometrics
Entrepreneurship Informal sector Production spillovers 05 social sciences Public policy Legislation General Business Management and Accounting Spillover effect Capital (economics) 0502 economics and business Informal economy Entrepreneurship capital Business Economic geography 050207 economics Cities 050203 business & management |
| Zdroj: | Recercat: Dipósit de la Recerca de Catalunya Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) Dipòsit Digital de Documents de la UAB Universitat Autònoma de Barcelona Recercat. Dipósit de la Recerca de Catalunya instname |
| Popis: | The paper analyses three underexplored issues in the entrepreneurship capital spillover literature, namely, its local nature, the generators and the receptors of such spillovers. For that purpose, we take advantage of the Ecuadorian census of establishments. Unlike previous evidence, we can estimate the spillovers at the establishment level, compute the entrepreneurship capital at the local level, and compare different permissiveness levels in the application of registration and tax legislation to businesses (i.e., the relative importance of the informal economy). In general, we find entrepreneurship capital spillovers at the local level. The spillover effects are lower when the entrepreneurship capital has been accumulated in informal businesses. By contrast, informal, large and more technologically developed establishments benefit more from these spillover effects. The paper discusses the implications of those findings for the design of public policies for promoting entrepreneurship. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|