Regional Level Social Capital and Business Survival Rates

Regional Level Social Capital and Business Survival Rates

Using two alternative metrics of social capital, we explore how community structure influences the five-year survival rates of businesses started in 2000. Employing a family of spatial estimators to derive a set of global estimates and Geographically Weighted Regression (GWR), we find strong evidenc...

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Veröffentlicht in:The Review of regional studies 2020-01, Vol.50 (2)
Hauptverfasser: Conroy, Tessa, Deller, Steven C.
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description Using two alternative metrics of social capital, we explore how community structure influences the five-year survival rates of businesses started in 2000. Employing a family of spatial estimators to derive a set of global estimates and Geographically Weighted Regression (GWR), we find strong evidence that community-level social capital has a positive influence on business survival rates. Results suggest that while social capital is important in understanding business survival rates, relationships vary significantly across space. From, a policy perspective, it would be a mistake to treat social capital as a uniform asset where one approach fits all communities.
doi_str_mv 10.52324/001c.13161
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title Regional Level Social Capital and Business Survival Rates
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