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The geography of new market firms in Germany

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  • Dohse, Dirk

Abstract

The Neuer Markt, launched in 1997 by Deutsche Börse, the German stock exchange, is Europe's closest equivalent to the Nasdaq, the US high-tech oriented stock market. Although the New Economy in Germany is not restricted to 'Neuer Markt' firms one may argue that these firms and their employees form the spearhead of Germany's New Economy. The paper analyses the spatial structure of the firms listed at the 'Neuer Markt', differentiating between NEMAX firms in general, technology-oriented firms and New Economy firms in a narrow sense. We compare their spatial structure with the structure of the 'traditional economy' and ask why the spatial structure of the New Economy might differ from that of the traditional economy. Key Words: New Economy, Space Economy, Neuer Markt JEL Classification: G19, O30, O18, R11

Suggested Citation

  • Dohse, Dirk, 2002. "The geography of new market firms in Germany," ERSA conference papers ersa02p199, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa02p199
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    References listed on IDEAS

    as
    1. Bill Martin, "undated". "The New Old Economy," Economics Policy Note Archive 01-7, Levy Economics Institute.
    2. Rolf Sternberg & Christine Tamasy, 1999. "Munich as Germany's No. 1 High Technology Region: Empirical Evidence, Theoretical Explanations and the Role of Small Firm/Large Firm Relationships," Regional Studies, Taylor & Francis Journals, vol. 33(4), pages 367-377.
    3. Ellison, Glenn & Glaeser, Edward L, 1997. "Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach," Journal of Political Economy, University of Chicago Press, vol. 105(5), pages 889-927, October.
    4. Dohse, Dirk, 2000. "Regionen als Innovationsmotoren: zur Neuorientierung in der deutschen Technologiepolitik," Kiel Discussion Papers 366, Kiel Institute for the World Economy (IfW Kiel).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    new economy; space economy; neuer markt jel classification: g19; o30; o18; r11;
    All these keywords.

    JEL classification:

    • G19 - Financial Economics - - General Financial Markets - - - Other
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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