The Location of New Firms and the Life Cycle of Industries

Costa‐Campi, María Teresa; Blasco, Agustí Segarra i; Marsal, Elisabet Viladecans

doi:10.1023/b:sbej.0000022215.02146.40

Cited by 38 publications

(7 citation statements)

References 36 publications

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“…SMEs located in regional areas are impacted by circumstances inherent to their regional location (Lages, 2000; MacGregor and Varazalic, 2005; Meccheri and Pelloni, 2006). These include the difficulties in attracting investment and accessing finance, recruiting and retaining skilled staff, dealing with government policies and programmes, and establishing and maintaining adequate infrastructure to support the region (Costa Campi et al , 2004; Smallbone et al , 2003). In contrast, firms located in metropolitan areas have a lower cost of access to foreign markets because of benefits such as access to specialised infrastructure, information, networks of suppliers, specialised labour and knowledge, and a concentration of existing exporters that promote export behaviour (Chevassus‐Lozza and Galliano, 2003; Westhead et al , 2004a).…”

Section: Theoretical Approaches To Export Performance Researchmentioning

confidence: 99%

Does firm location make a difference to the export performance of SMEs?

Freeman

Styles

Lawley

2012

International Marketing Review

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PurposeThe purpose of this research is to explore how location – regional vs metropolitan – impacts a small to medium‐sized enterprise (SME)'s access to firm resources and capabilities, and in turn its export performance.Design/methodology/approachThis study involved collecting qualitative data from an expert panel of government trade advisors, as well as managers of SME exporters in Australian regional and metropolitan areas. The data were used to explore three propositions relating to the impact of location.FindingsThe data provides support for the propositions that location impacts SME exporters’ access to networks and export related infrastructure/services, and in turn export performance. Firms in metropolitan areas have an advantage over those in regional areas. However, contrary to expectations, the relatively lower level of competition in regional areas did not appear to have a negative impact on the export performance of firms located in these areas.Research limitations/implicationsThe study confirms the importance of exploring the impact of location on export performance. However, the exploratory nature of the study means that results cannot necessarily be generalised beyond the setting in which the data were collected. Future research should examine the impact of location for exporters in a broader sample of countries.Practical implicationsThe disadvantages for SME exporters located in regional areas that come from a lack of networks and export related infrastructure/services need to be recognized and addressed by the managers of SME exporters and their advisors. The study also highlights the importance of the location decision for these firms.Originality/valueThis study is one of the first to explicitly focus on the impact of location on the export performance of SMEs. While exploratory in nature, it highlights the need for further research to better understand this potentially critical moderating variable and both its practical and theoretical implications.

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Section: Theoretical Approaches To Export Performance Researchmentioning

confidence: 99%

Does firm location make a difference to the export performance of SMEs?

Freeman

Styles

Lawley

2012

International Marketing Review

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“…Wynika to z faktu, iż miasto centralne może przyciągnąć bardziej innowacyjnych przedsiębiorców. Miasta były bowiem od dawna uważane za mieszankę innowacji (Vernon, 1960;Brouwer, Budil -Nadvornikova, Kleinknecht;1999;Campi, Blasco, Marsal, 2004). Ze względu na ryzyko związane z rozwojem produktu nowe firmy w rdzeniu miast mogą mieć większą skłonność do niepowodzenia, ale jednocześnie większy potencjał wzrostu (Renski, 2008).…”

Section: Dyskusjaunclassified

Wpływ kryzysu na funkcjonowanie przedsiębiorstw i przemiany układów przestrzennych

Zioło¹,

Kilar²

2023

Prace KGP PTG

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Lista recenzentów dostępna na stronie internetowej czasopisma / The list of reviewers is available on the journal's website. Redaktor prowadzący z Wydawnictwa / Managing editor of the Publishing House: Dariusz Pohl Redaktor językowy / Language editor: Roksana Blech Tłumaczenie i korekta w języku angielskim / Translation and proofreading of English texts: Ecorrector Deklaracja wersji pierwotnej / Definition of primary version Wersja drukowana jest wersją pierwotną publikacji / The primary version of the journal is the printed version.

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“…Based on our discussion on the related literature, big urban areas provide firms with diversified environments that provide inter‐industrial sectoral external economies – cross fertilization – however having to pay greater location costs. Smaller regions specialise in specific activities and facilitate access to intra‐industrial sectoral external economies and offer lower location costs (Costa Campi, 2004). In our context, Attiki is the largest region, followed by Kentriki Makedonia and finally the periphery of the country.…”

Section: Sample and Datamentioning

confidence: 99%

“…Renewed interest in regional economies has resulted in an extensive literature seeking to explain the regional factors contributing to the economic success of certain regions. The region is the framework that generates specific assets and provides firms with a structural and environmental basis which may enhance or prevent learning and creativity hence contribute or harm their competitive advantage and sustainability (Costa Campi et al, 2004). A focal point for regional development policy is to create attributes that mimic the characteristics of successful locations.…”

Section: Introduction and Related Literaturementioning

confidence: 99%

Firm Location: Firm Competences, Financial Structure and Regional Determinants

Kottaridi

Lioukas

2011

Rev Urban & Reg Develop

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This paper examines the choice of firms to locate in particular regions based on an expanded set of decision making determinants which takes into consideration firm profiles and competences, firm characteristics with particular emphasis on their financial structure and attractive regional factors focusing on knowledge. It combines intuitions from industrial economics, spatial analysis, corporate finance theory and strategic management to explore in greater depth the location of entrepreneurial activities at the sub-national level of regions, in particular between large urban areas and the periphery. Results suggest that the firm competences are conducive to their location and that other firm attributes contribute to this decision. When regional development and technological sophistication is taken into account, it is evidenced that they act as catalysts to the above decision, though only with respect to metropolitan regions where economies of scale could be exploited.

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The Location of New Firms and the Life Cycle of Industries

Cited by 38 publications

References 36 publications

Does firm location make a difference to the export performance of SMEs?

Does firm location make a difference to the export performance of SMEs?

Wpływ kryzysu na funkcjonowanie przedsiębiorstw i przemiany układów przestrzennych

Firm Location: Firm Competences, Financial Structure and Regional Determinants

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