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VERSION:2.0
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
DTSTAMP:20250122T123939Z
DTSTART:20250203T153000Z
DTEND:20250203T163000Z
SUMMARY:MIOIR Seminar Series - Local Business Networks and New Firm Forma
 tion
UID:{http://www.columbasystems.com/customers/uom/gpp/eventid/}v1bw-m5noqm
 8y-eih7mc
DESCRIPTION:Local Business Networks and New Firm Formation\n\nHanna Hotte
 nrott\, Professor of Innovation Economics at the Technical University of
  Munich (TUM)\, will discuss how local business networks influence new f
 irm formation\, entrepreneurial entry\, and firm performance in regional
  economies.\n\nNew business formation is a key driver of regional transf
 ormation and development. While we know that a region’s attractiveness f
 or new businesses depends on its resources\, infrastructure\, and human 
 capital\, we know little about the role of local business networks in pr
 omoting or impeding the birth of new firms. We construct local business 
 networks connecting more than 350 million nodes consisting of managers\,
  owners and firms using data on all German businesses from 2002 to 2020.
  Differentiating between firms founded by serial and de-novo entrepreneu
 rs and different network measures (average degree and transitivity of th
 e largest component)\, we show that the connectedness between actors wit
 hin a regions matters for firm entry and individual firm performance. Fi
 rst\, we show a positive but diminishing relationship between a region’s
  connectedness and firm entry by serial entrepreneurs and a negative (bu
 t diminishing) link between the presence of a dominant component and de-
 novo entry. Networks are also linked to individual firm performance with
  similar patterns for de-novo and serial entrepreneurship for entry size
  and growth. For survival\, we find different patterns depending on the 
 network type and measure of connectedness.\n\nAbout Hanna Hottenrott:\n\
 nHanna Hottenrott is Professor of Innovation Economics at the Technical 
 University of Munich (TUM). Since 2023\, she is also heading the Researc
 h Department for Innovation Economics and Industrial Dynamics at the Lei
 bniz Centre for European Economic Research (ZEW). Hanna Hottenrott's res
 earch and teaching activities focus on topics in the areas of innovation
  and industrial economics as well as science and technology research. Be
 fore joining TUM in 2016\, she was an Assistant Professor of Industrial 
 Economics at the Institute for Competition Economics (DICE) at Heinrich 
 Heine University Düsseldorf. She holds a doctoral degree from KU Leuven 
 in Belgium and an undergraduate degree from the University of Heidelberg
 .\n\nAbout the Seminar:\n\nHosted by Manchester Institute of Innovation 
 Research\, these seminars feature visiting speakers on science\, technol
 ogy\, and innovation policy. This event is in person for AMBS and UoM st
 aff and students\, with an online option available. Please feel free to 
 share this invitation with your internal networks.\n\nExternal participa
 nts are welcome to join online via Zoom\, register via Eventbrite: https
 ://www.eventbrite.co.uk/e/mioir-seminar-series-with-prof-hanna-hottenrot
 t-tickets-1143996717979
STATUS:TENTATIVE
TRANSP:TRANSPARENT
CLASS:PUBLIC
LOCATION:9.041 (Online option available)\, Aliiance Manchester Business S
 chool\, Booth Street West\, Manchester\, M15 6PB
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