Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/3153 
Year of Publication: 
2003
Series/Report no.: 
Kiel Working Paper No. 1193
Publisher: 
Kiel Institute for World Economics (IfW), Kiel
Abstract: 
Although there is a host of literature on the locational choice of traditional economy firms, relatively little is known about the locational needs and preferences of new economy firms. Therefore, the current paper provides an empirical analysis of the factors determining the regional distribution of new economy firms in Germany. Using a count data analysis, we find evidence that the number of firms listed in a particular region depends positively on the region's knowledge potential (as measured by the number of patents or by the number of R&D employees) as well as on the regional supply of venture capital.
Subjects: 
new economy firms
regional distribution
venture capital
knowledge potential
count data analysis
JEL: 
O30
C21
G24
R30
R58
Document Type: 
Working Paper

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