Startup activity and employment growth in regions

Abstract

Based on a model, the report outlines the impact of business start-ups on employment growth in Great Britain. Covering the 1980-1998 span, the data used were compiled for 60 British regions. Specific emphasis is put on short-term and long-term effects of the number of start-ups on regional employment creation. Besides, the above correlation is examined for various periods. The findings reveal that - compared to the Eighties - the significance of the number of starters as regards employment growth has risen during the Nineties.