@article{Sutter:133005,
      recid = {133005},
      author = {Sutter, Ryan},
      title = {The Existence of Positive Psychological Environments and  Their Impact on Regional Entrepreneurship},
      journal = {Journal of Regional Analysis and Policy},
      address = {2008},
      number = {1100-2016-89564},
      pages = {14},
      year = {2008},
      abstract = {Studies of individual entrepreneurs consistently find that  certain positive psychological traits are prevalent in  entrepreneurial people and that these traits are  particularly important determinants of an individual’s  ability to recognize opportunities as well as their  propensity to exploit them. This evidence, in conjunction  with the stylized fact that entrepreneurial activ-ities are  clustered in geographic space, leads to a few worthy  questions. Are individuals that possess these traits  heterogeneously distributed in geographic space? If so,  does the distribu-tion of these characteristics represent  the psychological environment of a place and does it have  important influences on the amount of entrepreneurship  occurring in it? In this paper, I seek to answer these  questions in order to provide an appreciation of the  relationship between psychological environments and  regional entrepreneurship; using Bayesian Model Averaging.  The results suggest that regional psychological  environments vary considerably across geo-graphic space and  that these differences indeed have important influences on  the incidence of entrepreneurship.},
      url = {http://ageconsearch.umn.edu/record/133005},
      doi = {https://doi.org/10.22004/ag.econ.133005},
}