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ENTREPRENEURIAL TRANSIENCE
Sergey Anokhin
Jaume Franquesa
Jino Mwaka
Management & Information Systems Department
Kent State University
September 28, 2007
Entrepreneurial Transience: A novel area of study
Environmental conditions
Local policies
Stimulate Prevent
Education
H.1+
Personal Income
IVs:
Educational attainment (% of adult population with
Bachelors degree or higher)
Enterprise Zones (# of active EZ/# of municipalities)
Tax Rates: Sales, income, property – class II
Controls
9/28/2007 Kent State University 4
Results
Interaction plots
0.600
0.400
Low Income
Net Transience
0.200
Mean Income
0.000
High Income
-0.200
-0.400
40 45 50 55 60
-0.600
Average Property Tax Rate
0.600
0.200
0.000
Mean Income
-0.200
-0.400
Low Income
-0.600
0.750 0.950 1.150 1.350
Sales Tax Rate