Regional entrepreneurship capital and firm production
| Autor: | Pedro Ortín-Ángel, José Luis Massón-Guerra |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Economics and Econometrics
Entrepreneurship Labour economics Production function Production spillovers 05 social sciences Regional growth Sample (statistics) General Business Management and Accounting Spillover effect Capital (economics) 0502 economics and business Economics Production (economics) Entrepreneurship capital Economic geography 050207 economics 050203 business & management Panel data |
| Zdroj: | Recercat. Dipósit de la Recerca de Catalunya instname Dipòsit Digital de Documents de la UAB Universitat Autònoma de Barcelona Recercat: Dipósit de la Recerca de Catalunya Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| Popis: | Certain theories suggest that the capacity of a region to generate new firms, called entrepreneurship capital, has positive spillover effects on the production of the firms in that region. Evidence generated with aggregated data at the regional level supports this prediction. This paper argues that, using aggregated data at the regional level, entrepreneurship capital could be correlated with regional production even if entrepreneurship capital has no spillover effects on firm production. This will not be the case when data at the firm level are used. This paper provides evidence from a sample of 11,276 Spanish firms during the 2004–2012 period. Positive spillovers are estimated in between effects models, but such spillovers are only found in technological firms when within effects models have been estimated. Thus, the regional entrepreneurship capital spillovers are unclear when data at the firm level are used. Plausible interpretations and implications are discussed. |
| Databáze: | OpenAIRE |
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