Long-term growth determinants of young businesses in Germany: effects of regional concentration and specialisation

Anne Otto and Dirk Fornahl ()
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Anne Otto: Institute for Employment Research (IAB), Nuremberg, Germany

No 200813, IAB-Discussion Paper from Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany]

Abstract: "This paper explores how different levels of regional concentration and specialisation affect the long-term growth of young firms. The sample consists of knowledge-intensive and non-knowledge-intensive western German manufacturing firms which were set-up in 1992 and managed to survive 11 years. The paper examines the joint effect of regional, industrial and firm-specific determinants. The analysis of the concentration and specialisation factors takes into account the industrial and technological dimensions and the regional level of human capital. With regard to the concentration measures being located in an industrial or technological agglomeration slightly reduces the growth rates of start-ups. The same negative, but stronger, effect can be observed for competition measures. Furthermore, our results suggest that startups exhibit higher growth rates the higher specialised the region is in which they are located." (Author's abstract, IAB-Doku) ((en))

Keywords: Bundesrepublik Deutschland; Westdeutschland; Determinanten; Humankapital; regionale Faktoren; regionales Cluster; Standortfaktoren; Unternehmensentwicklung; Unternehmensgründung; verarbeitendes Gewerbe; Wettbewerbsfähigkeit; Wirtschaftszweige; 1992-2002 (search for similar items in EconPapers)
JEL-codes: L25 O30 R11 R12 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2008
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-geo, nep-knm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Published in/as: Romanian Journal of Regional Science, Vol. 3, No. 1 (2009), S. 1-35, http://www.rrsa.ro/rjrs/V311.OTTO.PDF

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Persistent link: https://EconPapers.repec.org/RePEc:iab:iabdpa:200813

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