The impact of road infrastructure investment on incumbent firms in Korea

Abstract

This series is designed to make available to a wider readership selected studies on regional development issues prepared for use within the OECD. Authorship is usually collective, but principal authors are named. The papers are generally available only in their original language English or French with a summary in the other if available. OECD Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s). This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.

The spatial dimension of productivity: Connecting the dots across industries, firms and places

“…A great interest in entrepreneurship arguably comes from understanding that start-ups, particularly small and innovative ones, play a central role in economic performance of regions (Acs, 2006[109]; Audretsch and Keilbach, 2004 [110]; Birch, 1987[111]; Malecki, 1993[112]). It comes as no surprise that a vast literature tries to explain entrepreneurial activity within a subnational perspective (Acs et al, 2009[113]; Lee, Florida and Acs, 2004 [114]; Mueller, 2006[115]; Qian, Acs and Stough, 2013 [116]). A set of regional determinants of entrepreneurship highlighted in the literature include regional entrepreneurial ecosystems (EEs), universities and research organisations, human capital, a culture of openness and inclusion, creativity, social networks and access to finance among others.…”

The spatial dimension of productivity

“…A great interest in entrepreneurship arguably comes from understanding that start-ups, particularly small and innovative ones, play a central role in economic performance of regions (Acs, 2006[109]; Audretsch and Keilbach, 2004[110]; Birch, 1987[111]; Malecki, 1993[112]). It comes as no surprise that a vast literature tries to explain entrepreneurial activity within a subnational perspective (Acs et al, 2009[113]; Lee, Florida and Acs, 2004 [114]; Mueller, 2006[115]; Qian, Acs and Stough, 2013 [116]). A set of regional determinants of entrepreneurship highlighted in the literature include regional entrepreneurial ecosystems (EEs), universities and research organisations, human capital, a culture of openness and inclusion, creativity, social networks and access to finance among others.…”