The Creation of High-Tech Entrepreneurial Ventures at the Local Level: The Role of Local Competences and Communication Infrastructures
This paper sheds light on the role of human capital for the creation of New Technology-Based Firms (NTBFs) in a geographical area. We relate NTBF creation to the local availability of human capital ( local competences ) and to the local accessibility of distant competences through communication infrastructures . We argue that local competences and communication infrastructures have a differential impact on NTBF creation in manufacturing and service industries due to the diverse productive characteristics of the sectors. In particular, we claim that local competences have a more positive effect on manufacturing, whereas communication infrastructures affect services more. Findings from the estimations of econometric models on the Italian provinces are in line with these predictions. The moderating effects of local economic and technological development on the inquired relationships are also considered. Whereas economic development seems to weaken the effect of local competences in manufacturing and reinforce that of communication infrastructures in services, technological development has no moderating effects.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 18 (2011)
Issue (Month): 6 (August)
|Contact details of provider:|| Web page: http://www.tandfonline.com/CIAI20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/CIAI20|