The paper analyzes patterns in spatial proximity between venture capital investors and investees. We use a data set of 950 dyads of venture capitalists and German new ventures which have closed a financing round between January 2002 and March 2007. We are the first study to use minimum travel...

The paper analyzes patterns in spatial proximity between venture capital investors and investees. We use a dataset of 1256 dyads of venture capitalists and German new ventures which have closed a financing round between January 2002 and March 2007. Our results indicate that different factors...

Based on 1182 dyads of venture capitalists and German portfolio companies involved in a financing round between 2002 and 2007, we examine the importance of spatial proximity between investors and investees in a dense economy. We find that the probability of a financing relationship decreases by...

This research note examines the relationship between start-up rates and GDP per capita growth in urban and rural regions in Germany. Hereby, we take into account that urban and rural areas differ markedly in their resource endowment for entrepreneurship, which might be responsible for different...

Using novel data on new business registrations in the US, we examine how historical factors that shape persistent individualistic culture affect the geographic distribution of entrepreneurial activity in modern times. Current-day new business formation in US counties is positively related to the...

The present paper deals with the perceptions about market conditions and public policies related to enhance entrepreneurial activities at regional levels. This is the first academic research at regional level in Chile and one of the few in Latin America to study this issue. The main results seem...

This paper constructs a Regional Entrepreneurship and Development Index (REDI) that captures the contextual features of entrepreneurship across regions. Using both institutional data and survey data weaknesses in the incentive structure that affects regional development can be identified. The...

We explore the role of different types of self-employment for a persistence of the regional level of entrepreneurship over time. Our analysis for West German regions shows relatively strong effects for the historical self- employment rate in the non-agricultural sector, particularly in...

We address the post-entry performance of new Portuguese firms by investigating the structural characteristics survival, using both non-parametric methods and semi-parametric methods, for the seven regions of Portugal (NUT II). We also provide a disaggregated analysis by sector and size class,...