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The Importance Of Transportation, Broadband, And Intellectual Infrastructure For Entrepreneurship, James E. Prieger, Heng Lu, Habi Zhang
The Importance Of Transportation, Broadband, And Intellectual Infrastructure For Entrepreneurship, James E. Prieger, Heng Lu, Habi Zhang
School of Public Policy Working Papers
This empirical study uses a unique panel dataset to investigate the link between regional entrepreneurship and infrastructure. This topic is vital for understanding the factors that facilitate entrepreneurship, yet it receives scant scholarly attention. It is of particular value to policy makers because entrepreneurship is crucial for economic growth. We therefore examine how broadband infrastructure (internet connectivity), intellectual infrastructure (human capital), and transportation infrastructure (roads, bridges, and intermodal facilities) affect the establishment of new businesses in the United States. We primarily focus on broadband infrastructure, which is the least explored of these factors in the literature. We find that all …