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New firm formation in the British counties with special reference to Scotland
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Ashcroft, Brian, Love, James H. and Malloy, Eleanor (1991) New firm formation in the British counties with special reference to Scotland. Regional Studies, Volume 25 (Number 5). pp. 395-409. doi:10.1080/00343409112331346597
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Official URL: http://dx.doi.org/10.1080/00343409112331346597
Abstract
ASHCROFT B., LOVE J. H. and MALLOY E. (1991) New firm formation in the British counties with special reference to Scotland, Reg. Studies 25, 395–409. The counties of Great Britain exhibit marked variations in their rates of new firm formation, with the local authority regions of Scotland performing particularly poorly. A model is developed to explain these variations over the period 1980–6, and the following factors are found to be important: the expected income foregone in starting a new firm, and the probability of attaining this income; levels of home ownership; and relevant individual skills, such as experience of small firms and managerial skills. It is concluded that any policy which seeks to raise firm formation rates in the peripheral regions of the UK has to address certain aspects of the socioeconomic structure of these regions.
| Item Type: | Journal Article | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Divisions: | Faculty of Social Sciences > Economics Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School |
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| Journal or Publication Title: | Regional Studies | ||||||||
| Publisher: | Routledge | ||||||||
| ISSN: | 0034-3404 | ||||||||
| Official Date: | 1991 | ||||||||
| Dates: |
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| Volume: | Volume 25 | ||||||||
| Number: | Number 5 | ||||||||
| Page Range: | pp. 395-409 | ||||||||
| DOI: | 10.1080/00343409112331346597 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Restricted or Subscription Access |
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