… Therefore, opportunities for high tech entrepreneurship … we investigate the effects of
geographic proximity to established … on the location-specific founding rates and performance of …

… : (i) beliefs about the desirability of founding a firm, (ii) opportunities to learn about
entrepreneurship … catalyze rapid changes in the rates of entrepreneurship that become …

… These differential failure rates would lead to a rapid dispersion of production if new firms …
stimulates founding rates even more strongly – the densest states experience founding rates …

… affecting entrepreneurship rates, while the … rates in a region, as industries differ in their
degree of contestability (entry barriers) and the extent to which entrepreneurial opportunities …

… might influence the geographic distribution of industries. … of geographic clustering do not
clearly specify how these benefits for existing firms translate into increased founding rates in …

… founders themselves and had been exercises in vanity but they provided useful information
nonetheless on the backgrounds of these founders. … failed at much higher rates than those in …

… The empirical analyses in this article are location-specific founding rate models estimated
in … the founding rates of new companies. LIQUIDITY EVENTS AND FOUNDING RATES We …

… aggregate level by looking at structural variations in founding rate. They argue that new …
geographical areas. The two approaches will be by other firms ‘because entrepreneurs find it …

… geographical regions appear to have much higher rates of new firm formation than others. In
many cases, these high rates … founded to satisfy this greater demand. Two indicators of such …

… our understanding of organizational founding in geographical spaces, especially with respect
to the role population densities play in determining founding rates. Indeed, organizational …