Entrepreneurship capital and regional productivity revisited

Public intervention to foster entrepreneurship has been justified by the positive spillovers that regional entrepreneurship capital could have on firms' productivity. The available evidence shows a positive relationship between entrepreneurship capital measures and regional production. This pap...

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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:174164
Acceso en línea:https://ddd.uab.cat/record/174164
Access Level:acceso abierto
Palabra clave:Entrepreneurship capital
Regional productivity
Scale economies
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spelling Entrepreneurship capital and regional productivity revisitedMassón-Guerra, José Luis|||0000-0002-4550-8794Ortín Ángel, Pedro|||0000-0002-8684-8920Entrepreneurship capitalRegional productivityScale economiesPublic intervention to foster entrepreneurship has been justified by the positive spillovers that regional entrepreneurship capital could have on firms' productivity. The available evidence shows a positive relationship between entrepreneurship capital measures and regional production. This paper argues that this evidence could be explained by the aforesaid spillovers but also by the presence of decreasing returns to scale in firms' production technology. The paper provides a simple methodological benchmark for distinguishing between and measuring both effects. The analysis conducted using a sample of 52 Spanish provinces over eleven years confirms the presence of decreasing returns to scale. Therefore, the previous literature could have overestimated the spillovers of regional entrepreneurship capital on firms' production 22017-01-0120172017-01-01Articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://ddd.uab.cat/record/174164reponame:Dipòsit Digital de Documents de la UABinstname:Universitat Autònoma de BarcelonaInglésengMinisterio de Economía y Competitividad https://doi.org/10.13039/501100003329 ECO2013-48496-C4-4-Ropen 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:1741642026-06-06T12:50:31Z
dc.title.none.fl_str_mv Entrepreneurship capital and regional productivity revisited
title Entrepreneurship capital and regional productivity revisited
spellingShingle Entrepreneurship capital and regional productivity revisited
Massón-Guerra, José Luis|||0000-0002-4550-8794
Entrepreneurship capital
Regional productivity
Scale economies
title_short Entrepreneurship capital and regional productivity revisited
title_full Entrepreneurship capital and regional productivity revisited
title_fullStr Entrepreneurship capital and regional productivity revisited
title_full_unstemmed Entrepreneurship capital and regional productivity revisited
title_sort Entrepreneurship capital and regional productivity revisited
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 productivity
Scale economies
topic Entrepreneurship capital
Regional productivity
Scale economies
description Public intervention to foster entrepreneurship has been justified by the positive spillovers that regional entrepreneurship capital could have on firms' productivity. The available evidence shows a positive relationship between entrepreneurship capital measures and regional production. This paper argues that this evidence could be explained by the aforesaid spillovers but also by the presence of decreasing returns to scale in firms' production technology. The paper provides a simple methodological benchmark for distinguishing between and measuring both effects. The analysis conducted using a sample of 52 Spanish provinces over eleven years confirms the presence of decreasing returns to scale. Therefore, the previous literature could have overestimated the spillovers of regional entrepreneurship capital on firms' production
publishDate 2017
dc.date.none.fl_str_mv 2
2017-01-01
2017
2017-01-01
dc.type.none.fl_str_mv Article
http://purl.org/coar/resource_type/c_6501
VoR
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dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://ddd.uab.cat/record/174164
url https://ddd.uab.cat/record/174164
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.relation.none.fl_str_mv Ministerio de Economía y Competitividad https://doi.org/10.13039/501100003329 ECO2013-48496-C4-4-R
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://rightsstatements.org/vocab/InC/1.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://rightsstatements.org/vocab/InC/1.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
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
reponame_str Dipòsit Digital de Documents de la UAB
collection Dipòsit Digital de Documents de la UAB
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