Entrepreneurial ecosystems, entrepreneurial activity and economic growth: new evidence from European regions

Jeroen Content*, Niels Bosma, Jacob Jordaan, Mark Sanders

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

A latent class model is applied to allow entrepreneurial ecosystems (EEs) to influence the effect of entrepreneurial activity on growth in European Union regions. Using this methodology, clusters of regions that differ significantly in their relationship between entrepreneurial activity and growth are identified. This is consistent with the hypothesis that EEs affect this relationship. Subsequently, cluster membership is related to regional characteristics representing a range of components of EEs and marked differences in a variety of these regional characteristics are found. Taken together, the results support the notion that EEs help shape the impact of entrepreneurial activity on growth.
Original languageEnglish
Pages (from-to)1007-1019
Number of pages13
JournalRegional Studies
Volume54
Issue number8
DOIs
Publication statusPublished - 2 Aug 2020

JEL classifications

  • l26 - Entrepreneurship
  • o47 - "Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence"
  • r11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

Keywords

  • regional economic growth
  • entrepreneurship
  • entrepreneurial ecosystems
  • latent class analysis
  • EMPIRICAL-EVIDENCE
  • INSTITUTIONS
  • PERFORMANCE
  • RETURNS
  • VARIETY

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