The spatial impact of entrepreneurial zones: firm, city and inter-city evidence

Nebojsa Stojcic, Korneliusz Pylak and Dubravka Jurlina Alibegovic ()

Regional Studies, 2022, vol. 56, issue 12, 2164-2176

Abstract: We investigate the impact of a decade-long, large public entrepreneurial infrastructure investment programme in an emerging European economy. Using a unique data set, we examine the short-run firm city and inter-city effects of entrepreneurial zones (EZs). EZs have a positive impact on business investment, sales and especially the export revenues of firms located within them. The positive economic effects of EZs are limited to host and neighbouring towns and cities, decrease with distance, and eventually become negative. This points to the localized nature of the effects of EZs and their potential for spatial redistribution and clustering of economic activity.

Date: 2022
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Working Paper: Spatial impact of entrepreneurial zones: firm, city, and inter city evidence (2022)
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DOI: 10.1080/00343404.2022.2046264

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