Entrepreneurship in a regional context: Historical roots, recent developments and future challenges
Open accessAbstract
Fritsch M. and Storey D. J. Entrepreneurship in a regional context: historical roots, recent developments and future challenges, Regional Studies. This paper reviews research on regional new business formation published in four special issues of Regional Studies over a period of 30 years. It is observed that over those decades there has been a heightened recognition of the role of both formal institutions and ‘soft’ factors such as social capital and a culture of entrepreneurship. However, the core challenge is to explain why, in several high-income countries, despite these claimed cultural changes, the relative position of regions with regard to new business formation exhibits little or no variation over long periods of time.
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The findings add weight to previous theoretical arguments that entrepreneurs experience improved economic conditions and well-being, depending on regional context and type of entrepreneurial venture.
“From a theoretical standpoint, the findings add weight to previous theoretical arguments that entrepreneurs experience improved economic conditions and well-being, depending on regional context and type of entrepreneurial venture (Fritsch & Storey, 2014).”
From The effects of uppercase vs. lowercase letters on consumers’ perceptions and brand attitudes (2021) · cites this paper as Fritsch & Storey, 2014
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References 134 · Cited by 296
- Authors
- Fritsch, M., & Storey, D. J.
- Affiliations
- Friedrich Schiller University Jena (DE)
- University of Sussex (GB)
- Corresponding author
- Fritsch, Michael
- Venue
- Regional Studies
- Publisher
- Informa UK Limited
- Published
- 2014-05-14
- Volume
- 48
- Issue
- 6
- Pages
- 939-954
- ISSN
- 0034-3404 (ISSN-L)
- 1360-0591
- OpenAlex
- W2129787633
- Cited by
- 296
- References
- 134
- Citations by year
- 2026: 18 · 2025: 25 · 2024: 21 · 2023: 29 · 2022: 26 · 2021: 40 · 2020: 31 · 2019: 32 · 2018: 28 · 2017: 19 · 2016: 17 · 2015: 10
- FWCI
- 34.64
- Type
- journal article
- Language
- en
- Open access
- green
- figshare.com
- Licence
- cc-by
- Locations
- Regional Studies (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Figshare (submittedVersion, cc-by)
- Topics
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
- Social Sciences › Sociology and Political Science › Migration, Ethnicity, and Economy
- Keywords
- regional entrepreneurship, new business formation, regional economic development, social capital, formal institutions, regional disparities, high-income countries
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