A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Do agglomeration externalities affect firm survival?
Do agglomeration externalities affect firm survival? Regional Studies. This paper analyses the impact of spatial agglomeration externalities on Italian start-up firms’ survival. Italy represents a relevant case study given the well-known role of firm clusters in the country's economic development. Results obtained support the hypothesis that industry variety reduces the likelihood of firm exit. Specifically, related variety, which contributes to the generation and diffusion of new knowledge, has a positive effect on firm survival in manufacturing sectors, while unrelated variety, which may work as a portfolio strategy, plays a positive role in services sectors. Localization economies positively influence firm survival only in services sectors. Finally, urban density is not robust to the control for firm characteristics.
Do agglomeration externalities affect firm survival?
Do agglomeration externalities affect firm survival? Regional Studies. This paper analyses the impact of spatial agglomeration externalities on Italian start-up firms’ survival. Italy represents a relevant case study given the well-known role of firm clusters in the country's economic development. Results obtained support the hypothesis that industry variety reduces the likelihood of firm exit. Specifically, related variety, which contributes to the generation and diffusion of new knowledge, has a positive effect on firm survival in manufacturing sectors, while unrelated variety, which may work as a portfolio strategy, plays a positive role in services sectors. Localization economies positively influence firm survival only in services sectors. Finally, urban density is not robust to the control for firm characteristics.
Do agglomeration externalities affect firm survival?
Basile, Roberto (author) / Pittiglio, Rosanna (author) / Reganati, Filippo (author)
Regional Studies ; 51 ; 548-562
2017-04-03
15 pages
Article (Journal)
Electronic Resource
English
survival , start-up firm , agglomeration economies , Italy , 生存 , 新创企业 , 聚集经济 , 意大利 , survie , entreprise en démarrage , économies d'agglomération , Italie , überleben , start-up-firma , agglomerationsökonomien , Italien , supervivencia , empresa incipiente , economías de aglomeración , Italia , C81 , L11 , L25 , R12
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