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Author: | Maine, E.M. Shapiro, D.M. Vining, A.R. |
Title: | The role of clustering in the growth of new technology-based firms |
Journal: | Small business economics
2010 : FEB, VOL. 34:2, p. 127-146 |
Index terms: | new enterprise technology small business growth economic geography companies USA |
Language: | eng |
Abstract: | This study deals with the relationship btw. clusters and the growth performance of new U.S. technology-based firms. Firms are argued to be benefiting due to the clustering providing access to specialized resources which cannot be developed internally. Distance from a cluster is indicated to be negatively related to growth. Yet, clustering has a greater positive impact on biotech firms. Proximity to a cluster within a diverse metropolitan area is linked with superiour growth performance merely for firms relying heavily on broad, downstream supply chain effects, that is, for information and communications technology companies. |
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