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

Jeroen Content; Niels Bosma; Jacob Jordaan; Mark Sanders

doi:10.1080/00343404.2019.1680827

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 journal › Article › Academic › peer-review

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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 language	English
Pages (from-to)	1007-1019
Number of pages	13
Journal	Regional Studies
Volume	54
Issue number	8
DOIs	https://doi.org/10.1080/00343404.2019.1680827
Publication status	Published - 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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10.1080/00343404.2019.1680827

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@article{d915f4c302fa4d1d89758c053b0f427b,

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

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.",

keywords = "regional economic growth, entrepreneurship, entrepreneurial ecosystems, latent class analysis, EMPIRICAL-EVIDENCE, INSTITUTIONS, PERFORMANCE, RETURNS, VARIETY",

author = "Jeroen Content and Niels Bosma and Jacob Jordaan and Mark Sanders",

note = "data source: Public data from Eurostat (regional level controls), the Global Entrepreneurship Monitor (regionalized entrepreneurial activity data) and Bureau van Dijck (data on specialization patterns). Funding Information: This project received funding from the European Union's Horizon 2020 Research and Innovation Programme under grant agreement number 649378, also known as the FIRES-project (http://www.projectfires.eu/). Publisher Copyright: {\textcopyright} 2019, {\textcopyright} 2019 Regional Studies Association.",

year = "2020",

month = aug,

day = "2",

doi = "10.1080/00343404.2019.1680827",

language = "English",

volume = "54",

pages = "1007--1019",

journal = "Regional Studies",

issn = "0034-3404",

publisher = "Routledge/Taylor & Francis Group",

number = "8",

}

TY - JOUR

T1 - Entrepreneurial ecosystems, entrepreneurial activity and economic growth

T2 - new evidence from European regions

AU - Content, Jeroen

AU - Bosma, Niels

AU - Jordaan, Jacob

AU - Sanders, Mark

N1 - data source: Public data from Eurostat (regional level controls), the Global Entrepreneurship Monitor (regionalized entrepreneurial activity data) and Bureau van Dijck (data on specialization patterns). Funding Information: This project received funding from the European Union's Horizon 2020 Research and Innovation Programme under grant agreement number 649378, also known as the FIRES-project (http://www.projectfires.eu/). Publisher Copyright: © 2019, © 2019 Regional Studies Association.

PY - 2020/8/2

Y1 - 2020/8/2

N2 - 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.

AB - 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.

KW - regional economic growth

KW - entrepreneurship

KW - entrepreneurial ecosystems

KW - latent class analysis

KW - EMPIRICAL-EVIDENCE

KW - INSTITUTIONS

KW - PERFORMANCE

KW - RETURNS

KW - VARIETY

U2 - 10.1080/00343404.2019.1680827

DO - 10.1080/00343404.2019.1680827

M3 - Article

SN - 0034-3404

VL - 54

SP - 1007

EP - 1019

JO - Regional Studies

JF - Regional Studies

IS - 8

ER -

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

Abstract

JEL classifications

Keywords

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