High-growth Firm Shares in Austrian Regions: The Role of Economic Structures

Klaus Friesenbichler and Werner Hölzl

No 595, WIFO Working Papers from WIFO

Abstract: This paper explores the structural determinants of high-growth firm shares in Austrian regions. The regional level of analysis allows to uncover regularities which are not detectable in firm-level studies. We find that lower mobility barriers, firm exits and technological opportunities, measured by digitalisation 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 firms across countries and regions should consider differences in the industrial structures together with the often-emphasised differences in policies and regulations.

Keywords: Austria; ICT; NUTS-3; high growth firms; industrial structure; variety (search for similar items in EconPapers)
Pages: 41 pages
Date: 2020-03
New Economics Papers: this item is included in nep-ent, nep-geo, nep-ict, nep-sbm, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Journal Article: High-growth firm shares in Austrian regions: the role of economic structures (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wpaper:y:2020:i:595

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