English, Article edition: The Impact of Regional Age Structure on Entrepreneurship Werner Bönte; Oliver Falck; Stephan Heblich

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Bookmark: http://trove.nla.gov.au/version/108678
Physical Description
  • article
Language
  • English

Edition details

Title
  • The Impact of Regional Age Structure on Entrepreneurship
Author
  • Werner Bönte
  • Oliver Falck
  • Stephan Heblich
Physical Description
  • article
Notes
  • Empirical studies based on individual data have found an inverse U-shaped relationship between age and the decision to start a business. Other studies have shown that becoming an entrepreneur is a regional event, with potential entrepreneurs benefiting from their local networks. This article links both strands of literature by introducing age-specific peer effects. Using changes in the age distribution of the population of western German regions over time, we found-in accordance with microlevel analyses-an inverse U-shaped relationship between the regional age structure and start-up activity in a region. Moreover, our findings suggest that the age-specific likelihood of becoming an entrepreneur changes with the size of the age cohort, pointing to the existence of age-specific peer effects. Copyright (c) 2009 Clark University.
  • RePEc:bla:ecgeog:v:85:y:2009:i:3:p:269-287
Language
  • English
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