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Amenities and new firm formation in rural areas
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0003-0691-2740
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE). Swedish University of Agricultural Sciences, Uppsala, Sweden.ORCID iD: 0000-0002-5664-3115
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE). KTH Royal Institute of Technology, Stockholm, Sweden.ORCID iD: 0000-0002-2080-6859
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0001-5722-2016
2021 (English)In: Journal of Rural Studies, ISSN 0743-0167, E-ISSN 1873-1392, Vol. 85, p. 32-42Article in journal (Refereed) Published
Abstract [en]

Building on the neo-endogenous rural development model and the resource-based view of the firm, this paper investigates the role of place-based amenities for new firm formation. Empirically, we employ a full-population dataset encompassing new firms in Sweden from 2009 to 2016, combined with geocoded datasets with the spatial distribution of nature- and culture-based amenities. The results show that local amenities are indeed important factors in determining the rate of new firm formation. Estimating the model across urban and rural neighborhoods show that amenities are relatively more important in explaining new firm formation in rural areas as compared to urban. As such, our study contributes to the literature on diversification of the economies of rural areas by pointing at the important role that place-based amenities may play for an entrepreneurially-driven development of less developed and/or rural areas.

Place, publisher, year, edition, pages
Elsevier, 2021. Vol. 85, p. 32-42
Keywords [en]
Rural entrepreneurship, Amenities, Neo-endogenous development, Resource-based view, Smart specialization
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-52804DOI: 10.1016/j.jrurstud.2021.05.023ISI: 000659788600004Scopus ID: 2-s2.0-85107291739Local ID: HOA;;52804OAI: oai:DiVA.org:hj-52804DiVA, id: diva2:1561307
Funder
Swedish Research Council Formas, 2013–276, 2014-01170Available from: 2021-06-07 Created: 2021-06-07 Last updated: 2021-07-15Bibliographically approved

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Naldi, LuciaNilsson, PiaWestlund, HansWixe, Sofia

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JIBS, Business AdministrationJIBS, Centre for Family Entrepreneurship and Ownership (CeFEO)JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE)JIBS, Economics
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