Regional entrepreneurship capital and firm production

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,...

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Autores: Massón-Guerra, José Luis|||0000-0002-4550-8794, Ortín Ángel, Pedro|||0000-0002-8684-8920
Tipo de recurso: artículo
Fecha de publicación:2017
País:España
Institución:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:174175
Acceso en línea:https://ddd.uab.cat/record/174175
https://dx.doi.org/urn:doi:10.1007/s11187-017-9851-0
Access Level:acceso abierto
Palabra clave:Entrepreneurship capital
Regional growth
Production spillovers
Production function
Panel data
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spelling Regional entrepreneurship capital and firm productionMassón-Guerra, José Luis|||0000-0002-4550-8794Ortín Ángel, Pedro|||0000-0002-8684-8920Entrepreneurship capitalRegional growthProduction spilloversProduction functionPanel dataCertain 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. 22017-01-0120172017-01-01Articlehttp://purl.org/coar/resource_type/c_6501AMhttp://purl.org/coar/version/c_ab4af688f83e57aainfo:eu-repo/semantics/articleapplication/pdfhttps://ddd.uab.cat/record/174175https://dx.doi.org/urn:doi:10.1007/s11187-017-9851-0reponame:Dipòsit Digital de Documents de la UABinstname:Universitat Autònoma de BarcelonaInglésengopen accesshttp://purl.org/coar/access_right/c_abf2Aquest material està protegit per drets d'autor i/o drets afins. Podeu utilitzar aquest material en funció del que permet la legislació de drets d'autor i drets afins d'aplicació al vostre cas. Per a d'altres usos heu d'obtenir permís del(s) titular(s) de drets.https://rightsstatements.org/vocab/InC/1.0/info:eu-repo/semantics/openAccessoai:ddd.uab.cat:1741752026-06-06T12:50:31Z
dc.title.none.fl_str_mv Regional entrepreneurship capital and firm production
title Regional entrepreneurship capital and firm production
spellingShingle Regional entrepreneurship capital and firm production
Massón-Guerra, José Luis|||0000-0002-4550-8794
Entrepreneurship capital
Regional growth
Production spillovers
Production function
Panel data
title_short Regional entrepreneurship capital and firm production
title_full Regional entrepreneurship capital and firm production
title_fullStr Regional entrepreneurship capital and firm production
title_full_unstemmed Regional entrepreneurship capital and firm production
title_sort Regional entrepreneurship capital and firm production
dc.creator.none.fl_str_mv Massón-Guerra, José Luis|||0000-0002-4550-8794
Ortín Ángel, Pedro|||0000-0002-8684-8920
author Massón-Guerra, José Luis|||0000-0002-4550-8794
author_facet Massón-Guerra, José Luis|||0000-0002-4550-8794
Ortín Ángel, Pedro|||0000-0002-8684-8920
author_role author
author2 Ortín Ángel, Pedro|||0000-0002-8684-8920
author2_role author
dc.subject.none.fl_str_mv Entrepreneurship capital
Regional growth
Production spillovers
Production function
Panel data
topic Entrepreneurship capital
Regional growth
Production spillovers
Production function
Panel data
description 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.
publishDate 2017
dc.date.none.fl_str_mv 2
2017-01-01
2017
2017-01-01
dc.type.none.fl_str_mv Article
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https://dx.doi.org/urn:doi:10.1007/s11187-017-9851-0
url https://ddd.uab.cat/record/174175
https://dx.doi.org/urn:doi:10.1007/s11187-017-9851-0
dc.language.none.fl_str_mv Inglés
eng
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language eng
dc.rights.none.fl_str_mv open access
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eu_rights_str_mv openAccess
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dc.source.none.fl_str_mv reponame:Dipòsit Digital de Documents de la UAB
instname:Universitat Autònoma de Barcelona
instname_str Universitat Autònoma de Barcelona
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