By: |
Matthias Duschl (Department of Geography, Philipps University Marburg);
Antje Schimke (Karlsruhe Institute of Technology (KIT));
Thomas Brenner (Department of Geography, Philipps University Marburg);
Dennis Luxen (Karlsruhe Institute of Technology (KIT)) |
Abstract: |
In this paper the relationship between firm growth and external knowledge
sources, such as related firms and universities, is studied. The spatial
characteristics of these relationships are examined by geolocating firms into
a more realistic relational space using travel time distances and using
flexible distance decay function specifications. This approach properly
accounts for growth relevant knowledge spillovers and allows for estimating
their spatial range and functional form. Applying quantile regression
techniques on a large sample of German manufacturing firms, we show that the
impact of external factors substantially differ along firms’ size, type of
knowledge source and growth level. |
Keywords: |
Firm growth, external factors, universities, agglomeration, space, spatial range, distance decay functions, knowledge spillovers, high growth firms, quantile regression |
JEL: |
C31 D92 L25 R11 |
Date: |
2011–10 |
URL: |
http://d.repec.org/n?u=RePEc:pum:wpaper:2011-03&r=tid |