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The Influence of Local Economic Conditions on Start-Ups and Local Open Innovation System

Izabela Jonek-Kowalska, Radosław Wolniak · 2021 · Journal of Open Innovation Technology Market and Complexity

Summary. Local economic conditions significantly influence startup creation in urban areas. Research across 287 Polish cities reveals that human capital and financial resources are the dominant factors enabling new ventures. Business incubators and technology parks have smaller but meaningful effects on startup formation. Direct municipal support and involvement in entrepreneurship development produces positive outcomes, suggesting cities should prioritize resource allocation to foster startup ecosystems.

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Jonek-Kowalska, I., & Wolniak, R.. (2021). The Influence of Local Economic Conditions on Start-Ups and Local Open Innovation System. Journal of Open Innovation Technology Market and Complexity. https://doi.org/10.3390/joitmc7020110

Details

DOI
10.3390/joitmc7020110
Countries
Poland
Regions
Europe
Categories
entrepreneurship, regional-innovation-systems, general-innovation
Added
2026-04-28