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Regional importance of Mittelstand firms and innovation performance

Michael Berlemann () and Vera Jahn

Beiträge zur Jahrestagung 2015 (Bayreuth) from Verein für Socialpolitik, Ausschuss für Wirtschaftssysteme und Institutionenökonomik

Abstract: Despite of the deeply rooted belief of politicians from all over the world in the important role of Mittelstand firms, there has been surprisingly little empirical research on this issue, yet. This article contributes to the literature by studying whether the relative regional importance of Mittelstand firms has an effect on regional innovation performance. Using a cross section of German NUTS-3-regions, a significantly positive relation between the relative importance of owner-managed SMEs and patent applications is identified. This finding is highly robust when controlling for spatial correlations as they often occur in highly disaggregated regional analyses.

Keywords: Innovation; Mittelstand firms; Owner-management; SMEs; Germany (search for similar items in EconPapers)
JEL-codes: C21 D23 O31 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-bec, nep-ent, nep-geo, nep-ino, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Journal Article: Regional Importance of Mittelstand Firms and Innovation Performance (2016) Downloads
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