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- W3136809221 abstract "This empirical study uses a panel dataset to investigate the links among entrepreneurship, broadband, and local financial markets in focusing on minority areas. This topic is of particular value to policy makers because entrepreneurship is crucial for economic growth. I therefore examine how broadband infrastructure (internet connectivity) and local financial markets affect the establishment of new businesses in the United States. The results show that broadband infrastructure facilitates entrepreneurship, both across the nation and in areas with a high proportion of minorities. The supply of local financial capital, as measured by banks per capita, also leads to more new establishments. That association is stronger in areas with many black residents and much weaker in Hispanic areas. Broadband moderates the impact of access to local banks; greater broadband availability in an area lessens the importance of local banking availability in facilitating new business formation. These results may help policymakers further understand the importance of local broadband infrastructure and which regional factors facilitate entrepreneurship." @default.
- W3136809221 created "2021-03-29" @default.
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- W3136809221 date "2020-12-15" @default.
- W3136809221 modified "2023-09-24" @default.
- W3136809221 title "Entrepreneurship in Minority Areas: The Roles of Broadband Availability and Financial Constraints" @default.
- W3136809221 hasPublicationYear "2020" @default.
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