Is Entrepreneurship a Route Out of Deprivation?

40 Pages Posted: 25 Jun 2013

See all articles by Julian Frankish

Julian Frankish

Independent

Richard Roberts

Independent

Alex Coad

CENTRUM Catolica Graduate Business School

David Storey

University of Sussex - School of Business, Management and Economics

Date Written: June 24, 2013

Abstract

This paper investigates whether entrepreneurship constitutes a route out of deprivation for those living in deprived areas. Our measure of income/wealth is based on analysis of improvements in an individual’s residential address. Our data consist of information on over 800,000 individuals, and come from the customer records of a major UK bank. Comparing business owners to non-owners, our results suggest that the benefits of business ownership are found across the wealth distribution. Hence entrepreneurship can be a route out of deprivation.

Keywords: Deprived Areas, Entrepreneurship, Public Policy, Housing, Deprivation

JEL Classification: J23, M13, R23

Suggested Citation

Frankish, Julian and Roberts, Richard and Coad, Alex and Storey, David, Is Entrepreneurship a Route Out of Deprivation? (June 24, 2013). Available at SSRN: https://ssrn.com/abstract=2284139 or http://dx.doi.org/10.2139/ssrn.2284139

Julian Frankish

Independent ( email )

Richard Roberts

Independent ( email )

Alex Coad (Contact Author)

CENTRUM Catolica Graduate Business School ( email )

1801 Universitaria Avenue
San Miguel
Lima, Lima Lima32
Peru

David Storey

University of Sussex - School of Business, Management and Economics ( email )

Falmer, Brighton BN1 9SL
United Kingdom

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