On the spatial stickiness of UK new firm formation rates
研究了1994-2007年英国NUTS II区域新企业形成率的持续性，发现区域间差异和决定因素随时间保持稳定，过去的企业形成率能预测未来，且人力资本、产业结构等因素显著影响。
This research explores persistence of new firm formation at the UK NUTS II level for the 1994–2007 period. The results obtained herewith suggest that interregional differences in new firm formation and their determinants are time persistent. The evidence produced shows that past new firm formation rates determine future ones and that, depending on the econometric specification, human capital, local industry structure, sources of external economies and local economic conditions and wealth are significant determinants. The analysis of new firm formation distribution dynamics suggests that whatever changes may arise in the external shape of distribution are not significant and intra-distribution mobility is limited.