“…This geographical inertia highlights the importance of the localized networks of contacts for entrepreneurial activities and firm creation (SORENSON and AUDIA, 2000;TAMASY, 2006). Among main factors that are associated with the arising of entrepreneurship phenomena, literature presents population size, income level, number and type of Research and Development (R&D) employees, educational degrees, university R&D, creativity, foreign population, political structure, land costs, taxes, natural amenities, and other (ARMINGTON and ACS, 2002;AUDRETSCH and LEHMANN, 2005;BRIXY and GROTZ, 2007;KIRCHHOFF et al, 2007;LAY, 2003;LEE et al, 2004;SPILLING, 1996;WANG, 2006;WOODWARD et al, 2006).…”