Open this publication in new window or tab >>2021 (English)In: Regional studies, ISSN 0034-3404, E-ISSN 1360-0591, Vol. 55, no 5, p. 936-950Article in journal (Refereed) Published
Abstract [en]
The aim of this paper is to assess the importance of industry experience and home advantage of entrepreneurs for the competitiveness of new firms in rural regions. We assume that spinoffs founded by local entrepreneurs are generally the most competitive form of entry, and show the highest comparative advantage in rural and peripheral regions. We use matched employer-employee data for Sweden to test the effect of industry experience and home advantage on firm survival, and job growth of surviving firms during the period 2004-2012. Our results suggest that industry experience is more important than home advantage for firm survival, but that firms in core areas do benefit from home advantage. Regarding job growth, home advantage seems to be more important than industry experience but with varying significance over the regional hierarchy. After controlling for survival, the positive effect on job growth of being locally embedded seems to be confined to entrepreneurs in more peripheral regions.
Place, publisher, year, edition, pages
Taylor & Francis, 2021
Keywords
Entrepreneurship, spinoffs, home advantage, periphery
National Category
Economic Geography
Research subject
Social and Economic Geography
Identifiers
urn:nbn:se:umu:diva-175155 (URN)10.1080/00343404.2020.1826038 (DOI)000584779900001 ()2-s2.0-85095724526 (Scopus ID)
Funder
Swedish Research Council Formas, 2019-00664
2020-09-172020-09-172021-07-01Bibliographically approved