We investigate the impact of new business formation on regional employment. The main effects occur after a considerable time lag. Obviously, a large part of the effect is not due to job creation by the newcomers but rather is of indirect nature. This implies that a large part of the debate about...

We investigate the impact of new business formation on regional employment. The main effects occur after a considerable time lag. Obviously, a large part of the effect is not due to job creation by the newcomers but rather is of indirect nature. This implies that a large part of the debate about...

We investigate the impact of new business formation on regional employment. The maineffects occur after a considerable time lag. Obviously, a large part of the effect is not due tojob creation by the newcomers but rather is of indirect nature. This implies that a large part ofthe debate about...