Path dependency, regional variety and the dynamics of new firm creation in rooted and pioneering industries

The knowledge spillover theory of entrepreneurship

Carlo Corradini and Enrico Vanino

Journal of Economic Geography, 2022, vol. 22, issue 3, 631-651

Abstract: This paper explores regional firm entry connecting insights on the role of localised path dependency with the analysis of variety in regional sectoral structures. Using data on 700 SIC5 industries across 174 NUTS3 regions in the UK between 2000 and 2014, we provide evidence of positive complementarities between industrial path dependence and regional-related variety for firm entry in rooted pre-existing industries. These are negative for entry of pioneering firms in industries new to the region, pointing to lock-in effects and the role of unrelated variety in fostering linkages and knowledge spillovers away from established trajectories.

Keywords: Relatedness; path dependency; related variety; entrepreneurship (search for similar items in EconPapers)
JEL-codes: L26 O31 R11 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1093/jeg/lbab021 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:jecgeo:v:22:y:2022:i:3:p:631-651.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Journal of Economic Geography is currently edited by Jorge De la Roca, Stephen Gibbons, Simona Iammarino, Amanda Ross and James Faulconbridge

More articles in Journal of Economic Geography from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().