The effect of new business formation on regional development over time: the case of Germany
研究了德国各地区新企业成立对就业变化的影响，重点关注该效应的滞后结构以及区域差异，发现高生产率地区效应更显著，低生产率地区可能为负。
We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure of this effect and on differences between regions. The different phases of the effects of new business formation on regional development are relatively pronounced in agglomerations as well as in regions with a high-level of labor productivity. In low-productivity regions, the overall employment effect of new business formation activity might be negative. The interregional differences indicate that regional factors play an important role.