Drivers of spin-off performance in industry clusters: Embodied knowledge or embedded firms?

Guido Buenstorf and Carla Costa

Research Policy, 2018, vol. 47, issue 3, 663-673

Abstract: Numerous studies attest to the distinctive performance of intra-industry spin-offs located in agglomerated regions. Besides entrepreneurs’ pre-entry experience, both superior hires and regional embeddedness have been suggested as factors contributing to this pattern. We employ linked employer-employee data to assess their relevance in the empirical context of the Portuguese plastic injection molds industry. We find that the longevity of entrants is associated with the number and quality of early employees hired from within the industry, consistent with the importance of embodied knowledge flows. Our findings do not suggest that entrants’ centrality in the regional industry network enhances their longevity.

Keywords: Spin-offs; Clusters; Labor mobility; Social networks; Betweenness centrality; Eigenvector centrality (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0048733318300222
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:47:y:2018:i:3:p:663-673

DOI: 10.1016/j.respol.2018.01.015

Access Statistics for this article

Research Policy is currently edited by M. Bell, B. Martin, W.E. Steinmueller, A. Arora, M. Callon, M. Kenney, S. Kuhlmann, Keun Lee and F. Murray

More articles in Research Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu (repec@elsevier.com).