High-growth firms: does location matter?

Giner, José Miguel; Santa-María, María Jesús; Fuster, Antonio

doi:10.1007/s11365-016-0392-9

Cited by 28 publications

(14 citation statements)

References 40 publications

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“…By changing the location of the firm, several entrepreneurs respond to the changes of the business environment, seeking to improve its economic performance and level of innovation based on the integration into higher value-added market networks (Sammarra and Belussi 2006;Giner et al 2017). The also seek to take advantage of the proximity with innovative firms and technological centers and new collaborative corporate systems (Oerlemans et al 2001).…”

Section: Firm-internal Relocation Factors and The Effects Of Relocatimentioning

confidence: 99%

“…Moreover, this paper analyzes the effects of relocation on business performance, by examining the impact of aspects that are both internal and external to the firm. Most studies have examined this impact under conditions of economic growth (Oerlemans et al 2001;Sammarra and Belussi 2006;Giner et al 2017). On these grounds, this article seeks to expand our understanding of the complex relationship between firm internal and external factors and its impact on business competitiveness in the context of economic decline.…”

Section: Introductionmentioning

confidence: 99%

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The impact of economic crisis on firm relocation: Greek SME movement to Bulgaria and its effects on business performance

Kapitsinis

2018

GeoJournal

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The 2007 global economic crisis and public policies implemented to resolve it have modified the conditions under which enterprises operate, thus having great effects on business tactics and decisions. This paper employs a comparative analysis of the pre-and post-crisis movements of Greek smalland medium-sized enterprises (SMEs) to Bulgaria in order to examine the impact of the crisis and the applied public policy on firm-internal relocation factors, such as size, sector and relocation incentive, and the effects of relocation on business performance. Greek SME movements to Bulgaria have recently increased considerably due to the adverse effects of the crisis on the Greek economy. Results demonstrate that, while in the pre-crisis period many Greek businesspeople viewed relocation to Bulgaria as an entrepreneurial opportunity for firm expansion, since 2007 relocation has been perceived as a necessity for the vast majority of Greek entrepreneurs in order to stay in business. However, evidence is provided for a clear division between businesspeople, managing strong, and medium-sized firms and seeking business growth and improved competitiveness, and entrepreneurs who own small, unproductive enterprises and who made efforts to maintain business without seeking quality improvement. Consequently, many of them failed to stay in business since they overlooked internal to firm changes.

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Section: Firm-internal Relocation Factors and The Effects Of Relocatimentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The impact of economic crisis on firm relocation: Greek SME movement to Bulgaria and its effects on business performance

Kapitsinis

2018

GeoJournal

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“…Armington and Ács (2002) and Spilling (1996) use similar arguments to those of Puga (2010), arguing that these greater levels of new firm formation can be attributed to industrial density, larger populations and income levels. Giner et al (2017) refer to these conditions as "locational advantages". These dynamics create heterogeneous geographic distributions of high-tech entrepreneurship (Dorfman, 1983;Feldman, 2001).…”

Section: Marketsmentioning

confidence: 99%

High-growth entrepreneurship in a developing country: Regional systems or stochastic process?

Fischer

Schaeffer

Queiroz

2018

CyA

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“…It is stated that the value of a location depends upon four factors: (1) Its accessibility to the neighborhood population; (2) Its accessibility to people moving about or coming together on errands other than shopping; (3) Its physical desirability from the standpoint of grade or level, appearance, size, shape, neighborhood or district environment, and other amenities and (4) its reputation (Giner, Santa-María, & Fuster, 2017). Location analysis should begin with a general area analysis including economic conditions, population, potential competition, and growth.…”

Section: Location and Hotel Propertymentioning

confidence: 99%

“…The factor of a store or the nearest public roadway is also an important consideration for restaurant location, shopping centre size, the additional amount and type of no restaurant retail space, and the anchor tenants for the centre are also important considerations (Alañón-Pardo & Arauzo-Carod, 2013;Zhao, Lasternas, Lam,Yun, & Loftness, 2014;Elgar et al, 2015;Giner et al, 2017). The presence of other fast-food restaurants or food stores may help rather than hinder a sale, which indicates that shoppers may be attracted to an area rather than to a specific store.…”

Section: Location and Hotel Propertymentioning

confidence: 99%

Factors that Affect Location Choice of Hotel Property in Bauchi Metropolis, Nigeria

Noma¹,

Bala²

2018

ijird

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The hotel industry consists of restaurants, bars, and other away-from-home eating facilities. A variety of areas cans serve as lucrative for the industry, from free-standing stalls, to takeaway counters, to forming a counter in or surrounding the premises of another business, like a garment mall or gas station. (Yang, Tang, Luo, & Law, 2015). It may be leased space, a building for store procurements or a new building constructed to design, each has its own advantages and disadvantages for exact types of hotels(Rajkumar, 2013). Freestanding hotels are often more highly priced than smaller outlets or drive-through chains (Hou, 2016). Hotel business investors have to cultivate their minds hard and deep to decide on the most valuable location for their project (Freeman & Styles, 2014). Today, there are hardly any other factor more important than location, for consideration of the investors (Belkhodja, 2016). Location has become a primordial factor for successful business. For hotels, food quality, concept, environment do play roles in facilitating the business, however, if the locality is not popularly known, cannot be easily accessed with generic conveyance, or just do not have much population, the hotel cannot make it to the imagined heights (Karakitsiou, 2015). Owners of hotel want the best location for their project and hence site selection can be a pretty tormenting work for a successful hotel; it can take months or years of research in getting an accurate site (Ansar, 2013). Getting a right location calls for enough time dedication and prominent hard work which comes with some predetermined factors; the factors usually combines facts with good judgment (Shao & Shang, 2016). Location objectives can be multifarious like having a potential for adequate sales, i.e. more profit, or eradicating the cost of building a shop, or reducing the gains of prospective competitors, and improving the prospects of gaining more customers from a neighboring business. You can acquire real estate by purchase or lease. Whether, it is leased or purchased, site selection is critical to the success of a business. Due to the rising costs of land, building and construction, and associated interest rates, the significance of avoiding poor or mediocre locations has heightened (Mesquita, 2016). Hotel site selection is increasingly complicated business these days. Demographic studies, focus groups, consumer surveys, consultants, and endless number crunching

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High-growth firms: does location matter?

Cited by 28 publications

References 40 publications

The impact of economic crisis on firm relocation: Greek SME movement to Bulgaria and its effects on business performance

The impact of economic crisis on firm relocation: Greek SME movement to Bulgaria and its effects on business performance

High-growth entrepreneurship in a developing country: Regional systems or stochastic process?

Factors that Affect Location Choice of Hotel Property in Bauchi Metropolis, Nigeria

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