Explaining the industrial variety of newborn firms: The role of cultural and technological diversity

Alessandra Colombelli, Anna D'Ambrosio, Valentina Meliciani () and Francesco Quatraro

Department of Economics and Statistics Cognetti de Martiis. Working Papers from University of Turin

Abstract: We investigate the determinants of the sectoral variety of newborn firms in different regional contexts. Based on the knowledge spillovers theory of entrepreneurship, we study the role of different dimension of knowledge variety, i.e. technological diversity and cultural diversity. This latter is measured with respect to the nationality of both foreign residents and foreign entrepreneurs. We use a unique dataset stemming from the combination of different sources of information. The results confirm that all the dimensions of knowledge variety are relevant in shaping the sectoral variety of newborn firms and point to the differential contribution of immigrant entrepreneurs in fostering the sectoral diversification in unrelated activities.

Pages: 28 pages
Date: 2016-05
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Citations: View citations in EconPapers (3)

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Working Paper: Explaining the industrial variety of newborn firms: The role of cultural and technological diversity (2016)
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