Difference between revisions of "Dahl Sorenson (2011) - Home Sweet Home Entrepreneurs Location Choices And The Performance Of Their Ventures"
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| + | |Has article title=Home Sweet Home Entrepreneurs Location Choices And The Performance Of Their Ventures | ||
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*This page is referenced in [[Entrepreneurship_Research_Boot_Camp#Sociological_Approaches_to_Entrepreneurship | The NBER Entrepreneurship Research Boot Camp Page]] | *This page is referenced in [[Entrepreneurship_Research_Boot_Camp#Sociological_Approaches_to_Entrepreneurship | The NBER Entrepreneurship Research Boot Camp Page]] | ||
Latest revision as of 19:14, 29 September 2020
| Article | |
|---|---|
| Has bibtex key | |
| Has article title | Home Sweet Home Entrepreneurs Location Choices And The Performance Of Their Ventures |
| Has author | Dahl Sorenson |
| Has year | 2011 |
| In journal | |
| In volume | |
| In number | |
| Has pages | |
| Has publisher | |
| © edegan.com, 2016 | |
- This page is referenced in The NBER Entrepreneurship Research Boot Camp Page
Reference(s)
- Dahl, Michael S., and Olav Sorenson (2011), 'Home sweet home: Entrepreneurs' location choices and the performance of their ventures" pdf
Abstract
Entrepreneurs, even more than employees, tend to locate in regions in which they have deep roots (`home' regions). Here, we examine the performance implications of these choices. Whereas one might expect entrepreneurs to perform better in these regions because of their richer endowments of regionally-embedded social capital, they might also perform worse if their location choices rather refl ect a preference for spending time with family and friends. We examine this question using comprehensive data on Danish startups. Ventures perform better - survive longer and generate greater annual profits and cash flows - when located in regions in which their founders have lived longer. This effect appears substantial, similar in size to the value of prior experience in the industry (i.e. to being a spinoff).
