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The embedded entrepreneur
Using comprehensive data on the Danish population, this paper examines the determinants of entrepreneurs' choices of where to locate their new ventures. Our findings suggest that entrepreneurs place much more emphasis on being close to family and friends than on regional characteristics that mi...
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Published in: | European management review 2009-09, Vol.6 (3), p.172-181 |
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container_title | European management review |
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creator | Dahl, Michael S. Sorenson, Olav |
description | Using comprehensive data on the Danish population, this paper examines the determinants of entrepreneurs' choices of where to locate their new ventures. Our findings suggest that entrepreneurs place much more emphasis on being close to family and friends than on regional characteristics that might influence the performance of their ventures when deciding where to locate those businesses. Two factors could explain our findings: On the one hand, entrepreneurs may simply value proximity to family and friends. On the other hand, these relationships may help them to assemble the assets and to recruit the personnel that they need to succeed in their ventures. Our results suggest that the former plays the greater role in entrepreneurs' location choices. |
doi_str_mv | 10.1057/emr.2009.14 |
format | article |
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identifier | ISSN: 1740-4754 |
ispartof | European management review, 2009-09, Vol.6 (3), p.172-181 |
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language | eng |
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source | Wiley-Blackwell Journals; International Bibliography of the Social Sciences (IBSS) |
subjects | Decision making Denmark Economic performance Employees Employers Entrepreneurs Externality Labour supply location choice Location of enterprises migration Organizational structure Regional analysis regional mobility Site selection Small and medium sized enterprises social embeddedness Social networks spin-offs Spinoffs Strategic management Studies Western Europe |
title | The embedded entrepreneur |
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