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| Tekijä: | Fritsch, M. Mueller, P. |
| Otsikko: | The effect of new business formation on regional development over time: the case of Germany |
| Lehti: | Small business economics
2008 : JAN, VOL. 30:1, p. 15-29 |
| Asiasana: | employment Germany lag models new enterprise productivity regional development |
| Kieli: | eng |
| Tiivistelmä: | This paper examines how new business formation affects employment change in Germany. The study draws attention to the lag structure of the impact and to the differences between regions. The results indicate that in agglomerations and in regions with high degree of labor productivity the different phases of the effects on regional development are noticeable. In addition, the findings suggest that the overall employment effect of new business formation could be negative in regions with a low-level of productivity. |
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