Explanatory Factors of Entrepreneurship in Food and Beverage Clusters in Spain

• Main Authors: Enrique Claver-Cortés, Bartolomé Marco-Lajara, Pedro Seva-Larrosa, Lorena Ruiz-Fernández, Eduardo Sánchez-García
• Format: Article
• Language: English
• Published: MDPI AG 2020-07-01
• Series: Sustainability
• Subjects: entrepreneurship; clusters; food beverage; agglomeration; institutions; knowledge
• Online Access: https://www.mdpi.com/2071-1050/12/14/5625

Research into entrepreneurship has gradually changed its perspective over recent decades, becoming a very relevant research topic. In the last few years, various lines of research have been developed to find new explanatory factors of entrepreneurial propensity in specific socioeconomic and institutional contexts, among which we can highlight local territorial agglomerations. The main objective of the study is to offer new knowledge about the factors that influence the entrepreneurial capacity of food and beverage clusters using different secondary sources. To reach this objective, we analyze how the degree of agglomeration, institutional thickness, and knowledge affects new companies created in the last five years within the 37 food and beverage clusters in Spain. Multiple regression results show that company agglomeration and the presence of supporting institutions positively influence entrepreneurial capacity in these clusters. However, available knowledge has a negative influence on entrepreneurial capacity in these specialized environments.