The Survival and Birth of Firms
Using a modified form of the location quotient, a "growth quotient," this study traces the survival and growth for the headquarters of publicly listed firms in the United States. At the county level, the spatial concentrations of headquarters listed in 1997 are correlated with the spatial concentrations of corporate headquarters that survived from 1986 though 1996. Counties that house the headquarters of many different survival firms continue to spawn new headquarters. Counties with headquarters of survival firms in only one or two industries tend to maintain and spawn firms in only those industries. These conclusions support the Porter thesis that firms will spatially cluster for competitive advantage.
Volume (Year): 17 (1999)
Issue (Month): 2 ()
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References listed on IDEAS
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- Glenn Ellison & Edward L. Glaeser, 1994.
"Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach,"
NBER Working Papers
4840, National Bureau of Economic Research, Inc.
- 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.
- Ellison, G. & Glaeser, E.L., 1994. "Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach," Working papers 94-27, Massachusetts Institute of Technology (MIT), Department of Economics.
- Keith R. Ihlanfeldt & Michael D. Raper, 1990. "The Intrametropolitan Location of New Office Firms," Land Economics, University of Wisconsin Press, vol. 66(2), pages 182-198.
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