Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/147970 
Year of Publication: 
2015
Series/Report no.: 
Working Papers on Innovation and Space No. 05.15
Publisher: 
Philipps-University Marburg, Department of Geography, Marburg
Abstract: 
This paper provides evidence that the effect of agglomeration externalities on survival is moderated by the start-up's innovative behavior. It is shown that localization externalities are prevalent particularly in non-high-tech environments and unfold a positive influence on survival for less innovative companies, while their highly innovative counterparts do not benefit or even suffer from spatial concentration. On the contrary, highly innovative high-tech start-ups benefit from a diverse economic structure which enhances their likelihood for survival by fostering the emergence of beneficial inter-industry spill-overs.
Subjects: 
Firm survival
Innovation
Externalities
JEL: 
D22
L26
O33
R11
Document Type: 
Working Paper

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