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Rural Entrepreneurship in a Time of Recession

María Figueroa-Armijos, Brian Dabson, Thomas G. Johnson · 2012 · Entrepreneurship Research Journal

Summary. Rural Americans shifted from opportunity-driven to necessity-driven entrepreneurship during the 2008–2010 recession. Before the downturn, rural residents started businesses at higher rates than urban counterparts, particularly when employment grew. The recession reversed this pattern, with rural entrepreneurs increasingly driven by economic need rather than opportunity. College education predicted opportunity entrepreneurship, while low income and part-time work predicted necessity entrepreneurship across rural counties.

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Figueroa-Armijos, M., Dabson, B., & Johnson, T. G.. (2012). Rural Entrepreneurship in a Time of Recession. Entrepreneurship Research Journal. https://doi.org/10.2202/2157-5665.1044

Details

DOI
10.2202/2157-5665.1044
Countries
United States
Regions
North America
Categories
entrepreneurship
Added
2026-04-28