The geography of new firm formation: Evidence from independent start-ups and new subsidiaries in the Netherlands

Autor: André van Stel, Niels Bosma, Kashifa Suddle
Přispěvatelé: Human Capital (ASE, FEB)
Rok vydání: 2008
Předmět:
Zdroj: International Entrepreneurship and Management Journal, 4(2), 129-146. Springer New York
ISSN: 1554-7191
Popis: This paper investigates to what extent determinants of the rate of independent start-ups and the rate of new subsidiaries are different. Using a regional database for the Netherlands over the period 1988-2002, we investigate the impact of two types of agglomeration effects, localization and urbanization, while controlling for a range of economic variables. We find urbanization economies to be particularly important for the creation of new subsidiaries while localization economies are more important for the creation of independent new ventures. Finally, the effect of agglomeration variables is found to be stronger for manufacturing industries compared to services industries.
Databáze: OpenAIRE