{"title":"DYNAMICS OF REGIONAL NEW FIRM FORMATION IN TURKEY","authors":"B. Karahasan","doi":"10.1111/RURD.12031","DOIUrl":null,"url":null,"abstract":"type=\"main\" xml:lang=\"en\"> New firm formation is an important determinant of regional development. Entrepreneurial decisions on location choice are affected by numerous factors. Given the importance of local regional characteristics, this study focuses on the dynamics behind the regional formation of new firms in Turkey using balanced panel data from 1997 to 2006. An initial set of analyses underline the ongoing persistence of the unequal distribution of new firms. Among various factors, results obtained from different panel models suggest the importance of local demand, provincial business cycles, human capital development, and financial availabilities to explain the regional differences of new firm formation in Turkey. These results, which are robust to the inclusion of spatial links, also confirm that the proposed channels are common for manufacturing, services, and trade-based production.","PeriodicalId":39676,"journal":{"name":"Review of Urban and Regional Development Studies","volume":"9 39 1","pages":"18-39"},"PeriodicalIF":0.0000,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1111/RURD.12031","citationCount":"17","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Review of Urban and Regional Development Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1111/RURD.12031","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 17
Abstract
type="main" xml:lang="en"> New firm formation is an important determinant of regional development. Entrepreneurial decisions on location choice are affected by numerous factors. Given the importance of local regional characteristics, this study focuses on the dynamics behind the regional formation of new firms in Turkey using balanced panel data from 1997 to 2006. An initial set of analyses underline the ongoing persistence of the unequal distribution of new firms. Among various factors, results obtained from different panel models suggest the importance of local demand, provincial business cycles, human capital development, and financial availabilities to explain the regional differences of new firm formation in Turkey. These results, which are robust to the inclusion of spatial links, also confirm that the proposed channels are common for manufacturing, services, and trade-based production.
期刊介绍：
Review of Urban & Regional Development Studies (RURDS) focuses on issues of immediate practical interest to those involved in policy formation and implementation. Articles contain rigorous empirical analysis, with many emphasizing policy relevance and the operational aspects of the academic disciplines, while others focus on theoretical and methodological issues. Interdisciplinary and international in perspective, RURDS has a wide appeal: in addition to scholars, readership includes planners, engineers and managers in government, business and development agencies worldwide.
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