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Geographic Concentration of New Firm Formation and Human Capital
The relationship between area differences in the levels of human capital and the subsequent differences in new firm start-up rates is examined in the paper. Findings indicate that new firm-start up rates are positively correlated with the number of adults who have college degrees and higher levels of existing establishments in the same industry and area sector.
Link
http://webserver01.ces.census.gov/index.php/ces/1.00/cespapers/index.php/ces/1.00/cespapers?down_key=101671