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Although human capital externalities are a key variable in theories of economic growth, there has been little investigation of the mechanism by which these externalities are realized. We examine the relationship between the local levels of human capital and firm formation rates and find that...
Persistent link: https://www.econbiz.de/10005824127
Motivated by differences in new-firm survival across regions, this paper explores the impact of regional human capital on new-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the service sector. By incorporating knowledge...
Persistent link: https://www.econbiz.de/10010318827
Persistent link: https://www.econbiz.de/10005252210
Motivated by differences in new-firm survival across regions, this paper explores the impact of regional human capital on new-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the service sector. By incorporating knowledge...
Persistent link: https://www.econbiz.de/10005252214
entrepreneurship on the economic performance of that region. While the emergence of a statistical link between economic performance and …-tually influence economic performance by generating more entrepreneurial activity. The purpose of this paper is explicitly link these …-ship capital has a positive impact on regional economic performance. …
Persistent link: https://www.econbiz.de/10011279540
entrepreneurship on the economic performance of that region. While the emergence of a statistical link between economic performance and … actually influence economic performance by generating more entrepreneurial activity. The purpose of this paper is to explicitly … capital has a positive impact on regional economic performance. …
Persistent link: https://www.econbiz.de/10010261498
entrepreneurship on the economic performance of that region. While the emergence of a statistical link between economic performance and …-tually influence economic performance by generating more entrepreneurial activity. The purpose of this paper is explicitly link these …-ship capital has a positive impact on regional economic performance. …
Persistent link: https://www.econbiz.de/10005765240
The neoclassical model of the production function, as applied by Robert Solow to build the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor,...
Persistent link: https://www.econbiz.de/10005765247