It is often claimed that there are locally embedded values and attitudes towards entrepreneurship, exerting a strong influence on the rate and level of entrepreneurial activity in regions. The concept of regional entrepreneurship culture aims to capture such phenomena, and refers in a general sense to the level of social acceptance and encouragement of entrepreneurs and their activities in a region. This chapter discusses regional entrepreneurship culture as a source of persistent differences in regional rates of new firm formation, and presents a number of empirical regularities for Sweden to illustrate the empirical relevance of the main arguments. Using data on rates of new firm formation across Swedish regions over time, the chapter further explores the association between start-up activity and the business cycle, as well as how the geographic distribution of start-up rates changes during a major economic crisis.
Charlie Karlsson, Martin Andersson and Therese Norman
Edited by Charlie Karlsson, Martin Andersson and Therese Norman
Hans Westlund, Martin Andersson and Charlie Karlsson
This chapter provides a theoretically informed discussion of creativity in social capital and elaborates on its role in economic growth and development based on recent theoretical developments in evolutionary economics and economic geography. We discuss social capital as an explanatory factor for creativity and creative processes in the short run, but also creativity as a factor having impacts on social networks, norms and values in the long run. The theoretical discussions are complemented with empirical illustrations and examples. Our starting point is that creativity has both an individual and a collective component, which are both linked to social capital.