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Regional determinants of technology entrepreneurship

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  • Jianhong Xue
  • Peter G. Klein

Abstract

We explore the regional determinants of entrepreneurial activity with latent variables framework in which entrepreneurship is not observed directly, but manifested in activities such as producing patentable innovations, receiving venture funding and establishing new enterprises. We find that R&D expenditures, the presence of anchor firms, good (small) government and the availability of intellectual-property lawyers are positively associated with entrepreneurial activity, while the numbers of scientists, the presence of anchor universities and other measures of the political environment do not have statistically significant effects. We argue more generally for the benefits of treating entrepreneurship as a latent construct.

Suggested Citation

  • Jianhong Xue & Peter G. Klein, 2010. "Regional determinants of technology entrepreneurship," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 1(3), pages 291-308.
    • Handle: RePEc:ids:ijeven:v:1:y:2010:i:3:p:291-308
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    Citations

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    Cited by:

    1. Cumming, Douglas & Li, Dan, 2013. "Public policy, entrepreneurship, and venture capital in the United States," Journal of Corporate Finance, Elsevier, vol. 23(C), pages 345-367.
    2. Jianjun Xu & Lijie Yu & Rakesh Gupta, 2020. "Evaluating the Performance of the Government Venture Capital Guiding Fund Using the Intuitionistic Fuzzy Analytic Hierarchy Process," Sustainability, MDPI, vol. 12(17), pages 1-24, August.
    3. Bennett, Daniel L., 2019. "Infrastructure investments and entrepreneurial dynamism in the U.S," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    4. Mahdi Khelfaoui & Luc Bernier, 2023. "Research and technology organizations as entrepreneurship instruments: the case of the Institut National d’Optique in the Canadian optics and photonics industry," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-21, December.
    5. Peris-Ortiz, Marta & Ferreira, João J.M. & Fernandes, Cristina I., 2018. "Do Total Early-stage Entrepreneurial Activities (TEAs) foster innovative practices in OECD countries?," Technological Forecasting and Social Change, Elsevier, vol. 129(C), pages 176-184.
    6. Youngbok Ryu & Toshiyuki Sueyoshi, 2021. "Examining the Relationship between the Economic Performance of Technology-Based Small Suppliers and Socially Sustainable Procurement," Sustainability, MDPI, vol. 13(13), pages 1-23, June.
    7. Cumming, Douglas, 2014. "Public economics gone wild: Lessons from venture capital," International Review of Financial Analysis, Elsevier, vol. 36(C), pages 251-260.
    8. Shakya, Shishir & Plemmons, Alicia, 2021. "The Impact of Economic Freedom on Startups," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 51(1), January.

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