Abstract:

The aim of the paper is to investigate regional dimension of entrepreneurship in a developing economy, with a focus on Północno-Zachodni Region which represents one of NUTS-1 regions in Poland. Concentration on this region may provide a valuable insight since it embodies not only developing, but at the same time transition economy. Regional dimension of entrepreneurship in Północno-Zachodni Region was studied with fixed effects panel regression. Welch F was used to test estimated results. Panel data includes 315 observations for the 2000-2014 period. Data sources were EUROSTAT and Central Statistical Office of Poland. The main finding is that substantial for entrepreneurial activity in a developing economy is the share of high-skilled people in relation to total employment. Evidence have been provided that together with human capital growth the increase of entrepreneurial attitudes is observed. The results indicate also that a developing economy tends to follow the path of developed countries in a positive relationship between unemployment rate and the share of self-employed within total workforce. The findings may be interesting for policymakers, especially in terms of supporting entrepreneurial attitudes among high-skilled people.