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Entrepreneurship dynamics and economic cycles: an analysis for local systems and industrial districts

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  • Maria J. Ruiz-Fuensanta
  • Marco Bellandi

Abstract

We propose a research framework that expressly takes into account the moderating and differentiated influence that can be exerted on the dynamics of entrepreneurship capital by both the type of local system and the economic situation. Moreover, we investigate whether industrial districts are a more favourable context for the evolution of the entrepreneurship capital. We apply this framework to data of municipalities, grouped in local labour systems, of three Spanish regions and in two sub-periods of, respectively, crisis (2007–2011) and incipient recovery (2011–2014). Results are consistent with a set of sensible relations that can be extracted from the background literature.

Suggested Citation

  • Maria J. Ruiz-Fuensanta & Marco Bellandi, 2019. "Entrepreneurship dynamics and economic cycles: an analysis for local systems and industrial districts," European Planning Studies, Taylor & Francis Journals, vol. 27(9), pages 1727-1747, September.
    • Handle: RePEc:taf:eurpls:v:27:y:2019:i:9:p:1727-1747
    DOI: 10.1080/09654313.2019.1629396
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    Cited by:

    1. Lee Yoowoo & Kim Jayoung & Mah Sunghyuck & Karr Angela, 2024. "Entrepreneurship in Times of Crisis: A Comprehensive Review with Future Directions," Entrepreneurship Research Journal, De Gruyter, vol. 14(3), pages 905-950.
    2. Christos Axioglou & Nicos Christodoulakis, 2021. "Which firms survive in a crisis? Investigating Gibrat’s Law in Greece 2001–2014," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(2), pages 159-217, June.

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