Agglomerations and firm performance: who benefits and how much?
| Autor: | Ronald Rojas Alvarado, Jose-Luis Hervas-Oliver, Francisca Sempere-Ripoll, Sofia Estelles-Miguel |
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| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: |
Urban agglomeration
Economies of agglomeration business.industry Agglomeration 05 social sciences General Social Sciences International trade Firm performance Localization externalities Work (electrical) Regional studies 0502 economics and business Specialization (functional) ORGANIZACION DE EMPRESAS Business Gestión de la política industrial y tecnológica 10624 / M - Grado en gestión y administración pública 146 050207 economics Innovation 050203 business & management Externality Industrial organization General Environmental Science |
| Zdroj: | RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia instname |
| Popis: | [EN] Agglomerations and firm performance: who benefits and how much? Regional Studies. Agglomeration can generate gains. If it does, how does it work and how are those gains distributed across agglomerated firms? The paper examines the effect of localization externalities on innovation. Localization externalities are measured as industry specialization or a firm s colocation in a relatively high own-industry employment region. By analyzing a large dataset of 6697 firms integrated with another regional agglomeration-related dataset, results show that (1) co-location in an agglomeration has a positive influence on a firm s innovative performance; and (2) firms benefit heterogeneously from agglomerations, with benefits being distributed asymmetrically. Agglomeration gains exist but not all firms benefit equally. Financial support was provided by the Spanish Ministry of Economics, Industry and Competitiveness [research grant ECO:2015-63645-R] (Mineco/Feder), Open Innovation in Clusters. |
| Databáze: | OpenAIRE |
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