Page 106 - 1-Entrepreneurship and Local Economic Development by Norman Walzer (z-lib.org)

The Drivers of Regional Entrepreneurship in Rural and Metro Areas 95

across rural and metropolitan counties; however, this assumption may not
hold true as suggested by the significance of the metro/micro local econ-
omy variables even after controlling for the four other categories of entre-
preneurial drivers. In fact, the differences in the level of agglomeration in
rural and metropolitan areas may enhance the marginal impacts of the var-
ious county assets. For example, human capital may have a greater impact
on entrepreneurial development in highly agglomerated metro areas. Addi-
tional analysis was performed to test if the impacts of human capital, natu-
ral amenities, financial capital, and infrastructure on entrepreneurship var-
ied across rural and metropolitan counties. 10 The results are presented in
table 5.3 in the appendix.

Table 5.2. Regression Results with Interaction Variables