Amenities and new firm formation in rural areas

Sammanfattning

Building on the neo-endogenous rural development model and the resource-based view of the firm, this paper investigates the role of place-based amenities for new firm formation. Empirically, we employ a full-population dataset encompassing new firms in Sweden from 2009 to 2016, combined with geocoded datasets with the spatial distribution of nature- and culture-based amenities. The results show that local amenities are indeed important factors in determining the rate of new firm formation. Estimating the model across urban and rural neighborhoods show that amenities are relatively more important in explaining new firm formation in rural areas as compared to urban. As such, our study contributes to the literature on diversification of the economies of rural areas by pointing at the important role that place-based amenities may play for an entrepreneurially-driven development of less developed and/or rural areas.

Nyckelord

Rural entrepreneurship; Amenities; Neo-endogenous development; Resource-based view; Smart specialization

Publicerad i

Journal of Rural Studies
2021, Volym: 85, sidor: 32-42
Utgivare: PERGAMON-ELSEVIER SCIENCE LTD

SLU författare

• Nilsson, Pia

  • Institutionen för ekonomi, Sveriges lantbruksuniversitet
    

UKÄ forskningsämne

Ekonomisk geografi


Publikationens identifierare

DOI: https://doi.org/10.1016/j.jrurstud.2021.05.023

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/112682