In the fourth event of our Research Seminar Series, Dr Nebojsa Stojcic, Vice Rector for Business Affairs at University of Dubrovnik and Visiting Professor at Staffordshire University, will discuss the topic "Spatial impact of entrepreneurial zones: Firm, city and inter-city evidence".

Abstract of the talk: We investigate the impact of a decade-long large public entrepreneurial infrastructure investment programme in an emerging European economy. Using a unique dataset, we examine the short-run firm, city and inter-city effects of entrepreneurial zones (EZs). EZs have a positive impact on business investment, sales and especially export revenues of firms located within them. Positive economic effects of EZs are limited on host and neighbouring towns and cities, decrease with distance and eventually become negative. This points to the localised nature of EZs effects and their potential for spatial redistribution and clustering of economic activity.