Michael Fritsch|Michael Wyrwich
Regional knowledge, entrepreneurial culture, and innovative start-ups over time and space?an empirical investigation
Friedrich Schiller University Jena|Carl Zeiss (Germany)|Friedrich Schiller University Jena|Carl Zeiss (Germany)
investigate role entrepreneurship culture historical knowledge base region current levels new business formation innovative industries analysis german regions covers time period 19072014 find pronounced positive relationship high levels historical selfemployment sciencebased industries new business formation innovative industries today longterm legacy effect entrepreneurial tradition indicates prevalence regional culture entrepreneurship moreover local presence geographic proximity technical university founded year 1900 positively related level innovative startups century later results show considerable part knowledge constitutes important source entrepreneurial opportunities deeply rooted history draw conclusions policy research