Firm Formation and Regional Spillovers - Evidence from Germany
نویسنده
چکیده
This paper studies the effect of regional spillovers on the rate of finn formation in two major West Gennan industries for the time period from 1989 to 1993. I exploit regional variations in finn fonnation at the county level to identify the effects of historically given industry structure and employment structure on the emergence of new firms. The results are consistent with the existence of localization and urbanization effects. The emergence of high technology finns seems to be contingent on a heterogeneous historical industry structure, the existence of service providers and in particular on a high share of scientists in universities and extra-university research laboratories. JEL Classification: 030,018, R30, R58
منابع مشابه
Regional Geographic Research and Development Spillovers and Economic Growth: Evidence from West Germany
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