We investigate the regional emergence of new information technology start-ups in Germany. The largest share of these start-ups is located in cities or densely populated regions that are well equipped with institutions of higher education and research. The empirical analysis clearly indicates the...

We investigate the role of entrepreneurship culture and the historical knowledge base of a region on current levels of new business formation in innovative industries. The analysis is for German regions and covers the time period 1907-2014. We find a pronounced positive relationship between high...

Persistence of entrepreneurship over longer periods of time could indicate a culture of entrepreneurship among the local population that may be an important factor for regional development, but does persistence of economic activity require cultural transmission? We exploit the diverse historical...