EXPANDING THE NOTION OF ENTREPRENEURSHIP CAPITAL IN AMERICAN COUNTIES: A PANEL DATA ANALYSIS 2002–07

Entrepreneurship capital refers to the factors of a region that drives new businesses (Audretsch and Keilbach, 2004). This study considers industry growth and performance in manufacturing, retail and service as components of entrepreneurship capital to drive the long-term growth of new establishment...

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Bibliographic Details
Published in:Journal of developmental entrepreneurship 2012-09, Vol.17 (3), p.1250015
Main Authors: PC CHANG, ERICK, MISRA, KAUSTAV, MEMILI, ESRA
Format: Article
Language:English
Subjects:
Entrepreneurship
Longitudinal studies
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Summary:Entrepreneurship capital refers to the factors of a region that drives new businesses (Audretsch and Keilbach, 2004). This study considers industry growth and performance in manufacturing, retail and service as components of entrepreneurship capital to drive the long-term growth of new establishments. Using a panel data of 2,940 counties from 2002–2007, our results support the notion that the overall new venture activity is benefited by the industry growth and performance. Future research directions and practical implications are also discussed.
ISSN:1084-9467
1793-706X
DOI:10.1142/S108494671250015X