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Accessibility to human capital and new firm formation
Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.ORCID iD: 0000-0002-1315-9753
Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
2011 (English)In: International Journal of Foresight and Innovation Policy, ISSN 1740-2816, E-ISSN 1740-2824, Vol. 7, no 1/2/3, 7-22 p.Article in journal (Refereed) Published
Abstract [en]

This paper investigates the impact human capital has on new firmformation, traditionally expected to have a positive influence. Since humancapital is partly spatially bounded, the size of local accessibility to humancapital is expected to have a larger impact than regional and nationalinteraction. The empirical analysis is based on data on new firm formationfor Swedish urban areas and accessibility to human capital. In the analysis,the urban areas are divided into several groups. The results indicate that itis the local accessibility to human capital that has a positive impact on new firmformation.

Place, publisher, year, edition, pages
2011. Vol. 7, no 1/2/3, 7-22 p.
Keyword [en]
human capital, new firm formation, urban areas, accessibility, Sweden
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-17748DOI: 10.1504/IJFIP.2011.040063OAI: oai:DiVA.org:hj-17748DiVA: diva2:507593
Available from: 2012-03-05 Created: 2012-03-05 Last updated: 2016-12-21Bibliographically approved
In thesis
1. Regions, Human Capital and New Firm Formation
Open this publication in new window or tab >>Regions, Human Capital and New Firm Formation
2013 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

This thesis shows the importance of human capital at the individual, firm, and regional level through its effects on returns to education, firm productivity and new firm formation. The thesis further shows the importance of banks as a determinant for new firm formation at the local level. The thesis comprises of five chapters, one introductory chapter followed by four independent chapters, empirical in their nature.

The second chapter in the thesis, Regional Variations of Returns to Education, analyses individuals’ return to education in different regional contexts. The results show that returns to education differ according to type of location. Conclusively, the often-assumed hypothesis of equal returns to education for all regions in a country can be rejected. The second chapter, Human Capital and Firm Performance, uses a firm perspective and tests how human capital, within and outside the firm, influences firm productivity. Results show that both types of human capital are positively associated with firm productivity. Overall, it is firm attributes that explain most of the productivity variance. The third chapter, Accessibility to Human Capital and New Firm Formation, compares how human capital influences new firm formation in different regional categories. Overall, it is the access to human capital at the local and intra-regional level that increases the new firm formation rate. However, the influence from human capital differs across the regional categories and their position in the hierarchical system. The last chapter, Banks and New Firm Formation, analyses how different characteristics of the local bank sector influence new firm formation. The average size of bank branches per capita, independent banks, bank branches per capita and the competitive level are positively associated with local startups.

Place, publisher, year, edition, pages
Jönköping: Jönköping International Business School, 2013. 173 p.
Series
JIBS Dissertation Series, ISSN 1403-0470 ; 86
National Category
Social Sciences
Identifiers
urn:nbn:se:hj:diva-20492 (URN)978-91-86345-39-6 (ISBN)
Public defence
2013-03-08, B1014 at JIBS, Jönköping, 10:00 (English)
Opponent
Supervisors
Available from: 2013-02-14 Created: 2013-02-14 Last updated: 2014-02-03Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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  • vancouver
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More styles
Language
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  • Other locale
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Output format
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