Verheul, Ingrid (contributor); … - 2007
perspective investigating the characteristics of the supply of entrepreneurship from within
the region can be considered a … entrepreneur i would, if perfectly mobile, choose to start up a business in
the region in which his/her (expected) profitability … labor. The profitability of starting up in region j then equals:
(1)
jijiijjij
SLwLQP −−= )(π
where P
j
is the price …