Abstract

This chapter compares the survival and growth of new businesses started at broadly the same time in a county with a high rate of enterprise creation (Buckinghamshire) with one with middling rates of enterprise creation (Shropshire), and with a third with very low rates (Teesside). Two contrasting expectations are possible. The first is that the low enterprise area of Teesside will have poorer performing businesses, both because of the low human capital of its entrepreneurs and because the businesses sell into depressed local markets. On these grounds, new Teesside businesses will have lower survival rates and slower growth rates than those in the middling county of Shropshire or the high county of Buckinghamshire.

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