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The Dot-Com Boom and Bust in the Context of Regional and Sectoral Changes

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  • Cynthia Kroll
  • Diana Lee
  • Nadir Shams
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    Abstract

    This paper examines the effects of the dot-com boom and bust on firm survival, migration and growth in other sectors. Dot-com expansion revived a slowing central city economy but also raised issues regarding displacement of manufacturing, distribution, social services and other non-profits from San Francisco's “South of Market”. This study uses the National Establishment Time Series (NETS) database to examine how the growth of dot-com businesses affected San Francisco and surrounding counties. We find that start-ups were central to San Francisco's job growth. Relocations also were a significant aspect of job change. Dot-com growth was positively associated with propensity for pre-boom information and professional services establishments and for non-high-tech manufacturing or distribution establishments to move, while arts, social services and non-profits remained in the city.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/13662710903573836
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Industry and Innovation.

    Volume (Year): 17 (2010)
    Issue (Month): 1 ()
    Pages: 49-69

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    Handle: RePEc:taf:indinn:v:17:y:2010:i:1:p:49-69

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    Related research

    Keywords: Dot-com boom; multimedia; new economy; relocation; regional change; agglomeration; San Francisco Bay Area;

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