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Entrepreneurship, Regional Development and Job Creation: the Case of Portugal
This paper investigates whether a high level of new business formation in a region stimulates employment in that region. The study looks at the lag structure of these effects, using a data set covering a fairly large time span (1982-2002).
Link
ftp://papers.mpiew-jena.mpg.de/egp/discussionpapers/2005-06.pdf