Is Entrepreneurship a Route Out of Deprivation?

Julian S. Frankish · Richard G. Roberts · Alex Coad · DAVID J. STOREY

34 citations0/0 files storedRegional Studies

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Entrepreneurship Studies and Influences Firm Innovation and Growth Migration, Ethnicity, and Economy

Abstract

Frankish J. S., Roberts R. G., Coad A. and Storey D. J. Is entrepreneurship a route out of deprivation?, Regional Studies. This paper investigates whether entrepreneurship constitutes a route out of deprivation for those living in deprived areas. The measure of income/wealth used is based on an analysis of improvements in an individual's residential address. The data consist of information on over 800 000 individuals, and come from the customer records of a major UK bank. Comparing business owners with non-owners, the results suggest that the benefits of business ownership are found across the wealth distribution. Hence, entrepreneurship can be a route out of deprivation.

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References

1998What Makes an Entrepreneur?2009The Economics of Entrepreneurship 2007What is the value of entrepreneurship? A review of recent research 1991Entrepreneurs in High Technology 1992Entrepreneurs in high technology: lessons from MIT and beyond 1996EARNINGS, INDEPENDENCE OR UNEMPLOYMENT: WHY BECOME SELF‐EMPLOYED?2003A Theory of Discouraged Borrowers 1989An expenditure-based estimate of Britain's black economy

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