Location, location, location: place-specific human capital, rural firm entry and firm survival

dc.contributor.author Artz, Georgeanne
dc.contributor.author Artz, Georgeanne
dc.contributor.author Guo, Zizhen
dc.contributor.author Orazem, Peter
dc.contributor.author Orazem, Peter
dc.contributor.department Economics
dc.date 2021-01-20T19:18:37.000
dc.date.accessioned 2021-02-25T18:23:18Z
dc.date.available 2021-02-25T18:23:18Z
dc.date.copyright Mon Jan 01 00:00:00 UTC 2018
dc.date.issued 2018-02-23
dc.description.abstract <p>A majority of economic development programs in the U.S. are aimed at creating jobs; and a growing subset of the funds are allocated to achieving that objective by attracting and creating new firms1. According to a recent Kauffman Foundation report, young firms (those less than 5 years old) account for the vast majority of net new job creation in the U.S. (Wiens and Jackson, 2014). But the empirical reality is that one-third of new start-ups fail within two years of opening and two-thirds exit by their sixth year . The exit rates in table 1 illustrate another common finding demonstrated by Yu et al (2011): that rural firms exit at slower rates than urban firms.</p>
dc.description.comments <p>This is a draft chapter/article. The final version is available in Globalization, International Spillovers and Sectoral Changes: Implications for Regions and Industries edited by C Karlsson, A. Cornett, and T. Wallin, eds, published in 2018, Edward Elgar Publishing Ltd<br /><a href="https://doi.org/10.4337/9781786432483.00015" target="_blank">https://doi.org/10.4337/9781786432483.00015</a>.</p> <p>The material cannot be used for any other purpose without further permission of the publisher, and is for private use only.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/econ_las_pubs/779/
dc.identifier.articleid 1792
dc.identifier.contextkey 21187703
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/779
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/94110
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_pubs/779/2018_Orazem_LocationLocationManuscript.pdf|||Sat Jan 15 01:53:42 UTC 2022
dc.source.uri 10.4337/9781786432483.00015
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Entrepreneurial and Small Business Operations
dc.subject.disciplines Growth and Development
dc.subject.disciplines Labor Economics
dc.subject.disciplines Rural Sociology
dc.title Location, location, location: place-specific human capital, rural firm entry and firm survival
dc.type article
dc.type.genre book_chapter
dspace.entity.type Publication
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