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Co-Development Of Firm Foundings And Regional Clusters

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  • Fornahl, Dirk
  • Menzel, Max-Peter

Abstract

Although firm foundings and the formation of regional clusters are two processes that have separately attracted a lot of scientific attention during recent years, not much research has been conducted to analyse the interrelation between these two processes. This paper gives some new insights into this relation and a framework is presented into which empirical observations and theoretical considerations can be placed. The core elements are the effects the two processes have on each other in the different stages of cluster formation and development.

Suggested Citation

  • Fornahl, Dirk & Menzel, Max-Peter, 2003. "Co-Development Of Firm Foundings And Regional Clusters," Hannover Economic Papers (HEP) dp-284, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  • Handle: RePEc:han:dpaper:dp-284
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    File URL: http://diskussionspapiere.wiwi.uni-hannover.de/pdf_bib/dp-284.pdf
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    References listed on IDEAS

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    1. David B. Audretsch & A. Roy Thurik, 2000. "Capitalism and democracy in the 21st Century: from the managed to the entrepreneurial economy," Journal of Evolutionary Economics, Springer, vol. 10(1), pages 17-34.
    2. Belussi, Fiorenza & Arcangeli, Fabio, 1998. "A typology of networks: flexible and evolutionary firms," Research Policy, Elsevier, vol. 27(4), pages 415-428, August.
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    Cited by:

    1. Cristiano Antonelli & Morris Teubal, 2012. "From the Corporation to Venture Capitalism: New Surrogate Markets for Knowledge and Innovation Led Economic Growth," Chapters,in: Handbook on the Economics and Theory of the Firm, chapter 38 Edward Elgar Publishing.
    2. Cristiano Antonelli & Morris Teubal, 2010. "Venture Capitalism as a Mechanism for Knowledge Governance," Chapters,in: The Capitalization of Knowledge, chapter 3 Edward Elgar Publishing.
    3. Antonelli, Cristiano & Teubal, Morris, 2008. "Venture Capital as a Mechanism for Knowledge Governance: New Markets and Innovation-Led Economic Growth," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200805, University of Turin.
    4. Bergman, Edward M., 2007. "Cluster life-cycles: an emerging synthesis," SRE-Discussion Papers 214, WU Vienna University of Economics and Business.
    5. Cristiano Antonelli & Morris Teubal, 2009. "Venture Capitalism, New Markets and Innovation-led Economic Growth," ICER Working Papers 03-2009, ICER - International Centre for Economic Research.
    6. Avnimelech, Gil & Teubal, Morris, 2006. "Creating venture capital industries that co-evolve with high tech: Insights from an extended industry life cycle perspective of the Israeli experience," Research Policy, Elsevier, vol. 35(10), pages 1477-1498, December.

    More about this item

    Keywords

    Firm founding; regional clusters; knowledge trajectories; distribution of regional economic activity;

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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