ABSTRACT
After we analysed regional events and their impacts on regional firm founding activities in Chapter 2, such changes of founding activities over time are the units of investigation and we examine them empirically in this chapter. This empirical analysis focuses on two main areas: first, using data on German regions, we test whether short-term changes in the regional firm founding activity do exist or whether the regional activities can be explained by industry-wide and long-term regional factors alone. Second, if a change is identified, we further analyse in which regions, industries and years it occurred and what the dynamics of the start-up activities look like. For this endeavour, the development of start-up activities inside one region over a certain period of time is of importance and not the static comparison of such activities between regions.
