High-growth firm shares in Austrian regions: the role of economic structures

Klaus Friesenbichler and Werner Hölzl

Regional Studies, 2020, vol. 54, issue 11, 1585-1595

Abstract: This paper explores the structural determinants of high-growth firm shares in Austrian regions. The regional level of analysis allows one to uncover regularities that are not detectable in firm-level studies. It is found that lower mobility barriers, firm exits and technological opportunities, measured by digitalization intensities, and, to a lesser extent, agglomeration effects are associated with a larger share of high-growth firms. The results suggest that comparisons of shares of high-growth firm across countries and regions should consider differences in the industrial structures together with the often-emphasized differences in policies and regulations.

Date: 2020
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Working Paper: High-growth Firm Shares in Austrian Regions: The Role of Economic Structures (2020)
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DOI: 10.1080/00343404.2020.1742316

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