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- Publisher
- Springer Singapore
- Copyright
- © Springer Nature Singapore Pte Ltd. 2017
- ISBN
- 978-981-10-6489-0
- Pages
- 183 –196
- DOI
- 10.1007/978-981-10-6490-6_10
- Publisher site
- See Chapter on Publisher Site
Abstract
[This chapter analyzes the determinants of regional variations in new firm formation by industry, using the data of 47 prefectures in Japan. The results of this study reveal the following findings: (1) market access is the factor that promotes new firm formation in all industries, although the impact on new firm formation is greater in the service industry than in the manufacturing industry; (2) industrial agglomeration contributes to stimulating new firm formation in the manufacturing industry; and (3) while average wage is an important factor in the manufacturing industry, it is not significant in the service industry.]
Published: Sep 19, 2017
Keywords: New firm formation; Firm creation; Agglomeration economies; Market access