Location Choices of Graduate Entrepreneurs

45 Pages Posted: 18 Jul 2017

See all articles by Johan Larsson

Johan Larsson

Jönköping University

Karl Wennberg

Linkoping University - Institute for Analytical Sociology (IAS)

Johan Wiklund

Syracuse University

Mike Wright

Nottingham University Business School

Date Written: July 12, 2017

Abstract

We review complementary theoretical perspectives on location choices of university graduate entrepreneurs derived from the individual-opportunity nexus and local embeddedness perspectives on entrepreneurship. Analysis of the full population of 215,388 graduates from Swedish institutions of higher education between 2002 and 2006 provides support for both location choice perspectives. Overall, 63% of graduate entrepreneurs start businesses locally in their region of graduation while 37% start businesses elsewhere. The likelihood of starting locally is substantially higher in metropolitan regions, if the graduate was born locally or has university peer entrepreneurs and entrepreneurial family members in the region of graduation. Implications for theory and public policy are discussed.

Keywords: Entrepreneurship, Location Choice, Universities

JEL Classification: J61, M13, O18

Suggested Citation

Larsson, Johan and Wennberg, Karl and Wiklund, Johan and Wright, Mike, Location Choices of Graduate Entrepreneurs (July 12, 2017). Research Policy, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3000907 or http://dx.doi.org/10.2139/ssrn.3000907

Johan Larsson

Jönköping University ( email )

Gjuterigatan 5
Jönköping, 553 18
Sweden

Karl Wennberg (Contact Author)

Linkoping University - Institute for Analytical Sociology (IAS) ( email )

Norrköping, 601 74
Sweden

Johan Wiklund

Syracuse University ( email )

Whitman School of Management
720 University Avenue
Syracuse, NY 13244-2130
United States

Mike Wright

Nottingham University Business School ( email )

Jubilee Campus
Wollaton Road
Nottingham, NG8 1BB
United Kingdom
+44 115 951 5257 (Phone)
+44 115 951 5204 (Fax)

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