Abstract
This study addresses the locational puzzle concerning the optimization of firm and residential locations faced by highly educated self-employed entrepreneurs. In contrast to employees, the self-employed have considerable leverage in changing their firm location, which gives them an additional option - apart from a residential move - to resolve household locational issues. Two results stand out. Firstly, firms are generally located very close to the residential location. This reinforces the idea that entrepreneurship is a local event. Secondly, if other economic activities need to be considered, firm relocation is often used to resolve the locational puzzle.
Original language | English |
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Pages (from-to) | 436-464 |
Number of pages | 29 |
Journal | Spatial Economic Analysis |
Volume | 9 |
Issue number | 4 |
Early online date | 2-Oct-2014 |
DOIs | |
Publication status | Published - 4-Nov-2014 |
Keywords
- firm location
- highly educated
- self-employment
- residential location