Entrepreneurship, innovation and regional performance: application for the Spanish regions

The aim of this study is to test the importance of entrepreneurship or new business formation for explaining differences in economic performance in the Spanish regions, together with the role played by the endowments of innovation capital and the socio-economic capabilities of every region. The resu...

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Bibliographic Details
Published in:Entrepreneurship and regional development 2017-03, Vol.29 (3-4), p.271-291
Main Author: Gumbau Albert, Mercedes
Format: Article
Language:English
Subjects:
Endowment
Entrepreneurial capital
Entrepreneurs
Entrepreneurship
regional economic performance
Regions
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Summary:The aim of this study is to test the importance of entrepreneurship or new business formation for explaining differences in economic performance in the Spanish regions, together with the role played by the endowments of innovation capital and the socio-economic capabilities of every region. The results show that the effect of new business formation on economic performance varies considerably between regions, and the type of start-up is highly important for the results obtained: entrepreneur endowments of high technology intensive sectors and medium technology intensive sectors, but not those of low technology intensive sectors, have a positive effect on regional performance. Also, the size of the start-ups is important for explaining regional development.
ISSN:0898-5626
1464-5114
DOI:10.1080/08985626.2016.1267805