Firm growth and the spatial impact of geolocated external factors: Empirical evidence for German manufacturing firms

Matthias Duschl, Antje Schimke, Thomas Brenner () and Dennis Luxen

No 36, Working Paper Series in Economics from Karlsruhe Institute of Technology (KIT), Department of Economics and Management

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 (search for similar items in EconPapers)
JEL-codes: C31 D92 L25 R11 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-bec, nep-cse, nep-eur, nep-geo, nep-sbm, nep-tid and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:kitwps:36

DOI: 10.5445/IR/1000024923

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