The Rise of the Creative Class

Entrepreneurial ecosystems have emerged as a popular concept to explain the persistence of high–growth entrepreneurship within regions. However, as a theoretical concept ecosystems remain underdeve...

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The relational organization of entrepreneurial ecosystems

Geography and Trade

Entrepreneurship plays an important role in creating jobs, innovation and growth. Fostering entrepreneurship is a key policy goal for governments who expect that high rates of entrepreneurial activity will create sustainable jobs. Self-employment, also contributes to job creation in Europe, as 30% of the self-employed have employees of their own. European-level data indicate that the selfemployment sector has shown a degree of resilience during the recent economic crisis, as the relative decline in self-employment has been more moderate in comparison with salaried employment.

Entrepreneurship 확산과 청년창업지원

This study focuses on regional entrepreneurial ecosystems and offers a complex model of start-ups, Regional Entrepreneurship and Development Index (REDI) and six domains of the entrepreneurial ecosystem (culture, formal institutions, infrastructure and amenities, IT, Melting Pot and demand). Altogether they capture the contextual features of socioeconomic, institutional and information environment in cities. To explain variations in entrepreneurship in a cross-section of 70 European cities, we utilize exploratory factor analysis and structural equation modelling for regional systems of entrepreneurship using individual perception surveys by Eurostat and the REDI. This study supports policymakers and scholars in development of new policies conducive to regional systems of innovation and entrepreneurship and serves as a basis for future research on urban entrepreneurial ecosystems.

Entrepreneurial ecosystems in cities: establishing the framework conditions

Purpose




The purpose of this study is to examine the mediating effect of an owner’s growth goal on the relationship between the gender of new venture owners and the growth outcomes of their ventures.




Design/methodology/approach




This is a quantitative study using a large, national database and structural equation modeling.




Findings




The findings indicate that the negative relationship between gender and growth outcomes is fully mediated by the growth goals of new venture owners, their available internal resources and the amount of time and money they are able (prepared) to invest in their new venture.




Research limitations/implications




The research implications include the need to better understand the impact of goal setting on new venture performance outcomes.




Practical implications




The government policies (for example, to stimulate firm growth) need to be designed by having a proper understanding of the various motives/goals that entrepreneurs might have when launching a new venture. Similarly, anyone providing advice to individuals involved in establishing a new venture should, before providing that advice, ensure that they have a clear understanding of the individual’s goals.




Social implications




Social implications include a need to better understand the negative impact that lower available human and financial capital can have on the goals set by female new venture owners and the outcomes achieved by those ventures.




Originality/value




This research makes an original contribution to the literature by demonstrating: the impact of gender on human, social and financial capital; the influence of these resources on new venture goals; and, in turn, the influence of goals on new venture performance outcomes.

Female underperformance or goal orientated behavior

Gender differences in new venture funding : Supply-side discrimination or demand-side disinclination?

Balanced skills among nascent entrepreneurs (summary)

It has been argued that creativity is an important source of regional growth. This article investigates the geography of people in creative occupation in Germany. The population share of the creative class as well as of bohemians and artists is relatively high in larger cities, but smaller places and rural regions may also have a considerable proportion of people with a creative job. While ethnical and cultural diversity and a high level of public supply in health care and education can explain the distribution of creative people, employment opportunities seem to play only a minor role. A high share of creative occupations seems to be conducive to regional growth; however, the exact nature of this relationship is still unclear.

The Geography of Creative People in Germany

Psychological characteristics are significant for various stages of the entrepreneurial process on both individual and group levels. Looking into the ‘psychological context’ in entrepreneurship, Martin Obschonka reviews and defines the field, exploring the role of regional and country-level entrepreneurial personality and new trends in the geography of entrepreneurial psychology influenced by technological advances.

Michael Stuetzer

Papers

Female underperformance or goal orientated behavior

Gender differences in new venture funding : Supply-side discrimination or demand-side disinclination?

Balanced skills among nascent entrepreneurs (summary)

The Geography of Creative People in Germany

The Geography of Entrepreneurial Psychology