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来源类型Working Paper
规范类型报告
DOI10.3386/w28606
来源IDWorking Paper 28606
Rugged Entrepreneurs: The Geographic and Cultural Contours of New Business Formation
John M. Barrios; Yael Hochberg; Daniele Macciocchi
发表日期2021-03-29
出版年2021
语种英语
摘要How do geographic and historical-cultural factors shape new business formation? Using novel data on new business registrations, we document that 75% of the variation in new business formation is explained by time-invariant county-level factors and examine the extent to which such variation is driven by historical, cultural, and geographic factors. Current-day new business formation is positively related to historical attributes that presage individualist culture: frontier experience and historical birthplace diversity, as well as the county’s topographical features. The relation holds when we exploit plausibly exogenous variation in frontier experience driven by shocks to the settlement process that arise from historical immigration flows. Our study points to the fundamental role of geographic and historical-cultural features, especially rugged individualism, in explaining contemporary new business formation in the U.S.
主题Industrial Organization ; Firm Behavior ; History ; Labor and Health History ; Other History ; Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w28606
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586279
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John M. Barrios,Yael Hochberg,Daniele Macciocchi. Rugged Entrepreneurs: The Geographic and Cultural Contours of New Business Formation. 2021.
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