NDLI: Spatial patterns in new firm formation: are cooperatives different?

Content Provider	Springer Nature Link
Author	Díaz Foncea, Millán Marcuello, Carmen
Copyright Year	2014
Abstract	Panel data on the entry of both worker cooperative and capitalist firms in Spain are used to test the spatial determinants at regional level. Cooperative firms in general are also included in the analysis. We focus on supply, demand and institutional factors, including specific factors of cooperatives as model of analysis. Data are for the period 1995–2009 for NUT-2 regions in Spain, one of the European countries with a more dynamic cooperative sector. Results show the main determinant of the creation of worker cooperatives is the unemployment level, followed by the wage level in the region, the population growth and the emergence of strong cooperative culture. We also find the party in the regional government affects to the creation rate. Compared with capitalist firms, we observe a contrary sense in the influence of unemployment level and a higher importance of the influence of the governing party.
Starting Page	171
Ending Page	187
Page Count	17
File Format	PDF
ISSN	0921898X
Journal	Small Business Economics
Volume Number	44
Issue Number	1
e-ISSN	15730913
Language	English
Publisher	Springer US
Publisher Date	2014-04-01
Publisher Place	Boston
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Cooperative firms Firm entry Inter-organizational comparison Spatial patterns Spain Management/Business for Professionals Microeconomics Entrepreneurship Industrial Organization
Content Type	Text
Resource Type	Article
Subject	Economics and Econometrics Business, Management and Accounting

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