| 11. |
- Boschma, Ron
(författare)
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Do spinoff dynamics or agglomeration externalities drive industry clustering? A reappraisal of Steven Klepper's work
- 2015
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 24:4, s. 859-873
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Tidskriftsartikel (refereegranskat)abstract
- Steven Klepper's theory of industry clustering based on organizational reproduction and inheritance through spinoffs challenged the Marshallian view on industry clustering. This article provides an assessment of Klepper's theoretical and empirical work on industry clustering. We explore how "new" his spinoff theory on industry clustering was, and we investigate the impact of Klepper's theory on the economic geography community. Klepper's work has inspired especially recent literature on regional branching that argues that new industries grow out of and recombine capabilities from local related industries. Finally, the article discusses what questions on industry location are still left open or in need of more evidence in the context of Klepper's theory.
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| 12. |
- Boschma, Ron, et al.
(författare)
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Relatedness and technological change in cities: the rise and fall of technological knowledge in US metropolitan areas from 1981 to 2010
- 2015
-
Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 24:1, s. 223-250
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Tidskriftsartikel (refereegranskat)abstract
- This article investigates by means of US Patent and Trademark Office (USPTO) patent data whether technological relatedness at the city level was a crucial driving force behind technological change in 366 US cities from 1981 to 2010. Based on a three-way fixed-effects model, we find that the entry probability of a new technology in a city increases by 30% if the level of relatedness with existing technologies in the city increases by 10%, while the exit probability of an existing technology decreases by 8%.
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| 13. |
- Braunerhjelm, Pontus, et al.
(författare)
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Entrepreneurship, institutions, and economic dynamism : lessons from a comparison of the United States and Sweden
- 2013
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 22:1, s. 107-130
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Tidskriftsartikel (refereegranskat)abstract
- The purpose of the research endeavor published in this Special Section is to further our understanding of the extent, character, and orientation of entrepreneurial activity in today's wealthy countries. This is done by means of several detailed studies of institutions of particular importance for entrepreneurship and innovation-based firm growth, and its impact on the economy. All coauthors are renowned specialists in the area with deep knowledge of the pertinent institutions in Sweden and the United States, the two countries compared.
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| 14. |
- Carlsson, Bo, et al.
(författare)
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Knowledge creation, entrepreneurship, and economic growth : a historical review
- 2009
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 18:6, s. 1193-1229
-
Tidskriftsartikel (refereegranskat)abstract
- This article explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United States over the last 150 years. Distinguishing between general knowledge and economically useful knowledge, we examine the changes over time in the locus and content of new knowledge creation: the role of universities, particularly engineering schools and land-grant universities, industrial laboratories, and corporate research and development (R&D) laboratories prior to World War II. The practical orientation of US academic R&D and the close research interaction between academia and industry are noted. We study the unprecedented increase in R&D spending in the United States during and after World War II and how it was converted into economic activity via incumbent firms in the early postwar period and increasingly via new ventures in the last few decades.
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| 15. |
- Carlsson, Bo, et al.
(författare)
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The Knowledge Filter, Entrepreneurship and Economic Growth
- 2009
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Ingår i: Industrial and Corporate Change. - 0960-6491 .- 1464-3650. ; 18, s. 1193-1229
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Tidskriftsartikel (refereegranskat)abstract
- This paper explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United States over the last 150 years. According to the “new growth theory,” investments in knowledge and human capital generate economic growth via spillovers of knowledge. But the theory does not explain how or why spillovers occur, or why large investments in R&D do not always result in economic growth. What is missing is “the knowledge filter” - the distinction between general knowledge and economically useful knowledge. Also missing is a mechanism (such as entrepreneurship) converting economically relevant knowledge into economic activity. This paper shows that the unprecedented increase in R&D spending in the United States during and after World War II was converted into economic activity via incumbent firms in the early postwar period and increasingly via new ventures in the last few decades.
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| 16. |
- Ciabuschi, Francesco, 1973-, et al.
(författare)
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Knowledge sourcing from advanced markets subsidiaries : political embeddedness and reverse knowledge transfer barriers in emerging-market multinationals
- 2017
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 26:2, s. 311-332
-
Tidskriftsartikel (refereegranskat)abstract
- This article focuses on emerging-market multinationals and their intent to source knowledge from advanced countries. A single in-depth case study of a Chinese state-owned multinational is used to shed light on the relationship between political embeddedness and the potential to reverse knowledge transfer from advanced market subsidiaries. Specifically, we argue that a strong home-country political embeddedness enhances specific organizational barriers to reverse knowledge transfer, which undermines the strategic intent of knowledge-seeking internationalization, common to much Foreign Direct Investment (FDI) by emerging-market multinationals in recent years. This article contributes to research on knowledge sourcing within the context of south-north FDI by highlighting specific effects of political embeddedness at organizational level, which are critical for the possibilities to reverse knowledge transfer; our study is also relevant to international business, as new empirical insights related to the international organization and management of state-owned multinationals are discussed.
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| 17. |
- Coad, Alex, et al.
(författare)
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High-growth firms : introduction to the special section
- 2014
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 23:1, s. 91-112
-
Tidskriftsartikel (refereegranskat)abstract
- High-growth firms (HGFs) have attracted considerable attention recently, as academics and policymakers have increasingly recognized the highly skewed nature of many metrics of firm performance. A small number of HGFs drives a disproportionately large amount of job creation, while the average firm has a limited impact on the economy. This article explores the reasons for this increased interest, summarizes the existing literature, and highlights the methodological considerations that constrain and bias research. This special section draws attention to the importance of HGFs for future industrial performance, explores their unusual growth trajectories and strategies, and highlights the lack of persistence of high growth. Consequently, while HGFs are important for understanding the economy and developing public policy, they are unlikely to be useful vehicles for public policy given the difficulties involved in predicting which firms will grow, the lack of persistence in high growth levels, and the complex and often indirect relationship between firm capability, high growth, and macro-economic performance.
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| 18. |
- Coad, Alex, et al.
(författare)
-
Whom do high-growth firms hire?
- 2014
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 23:1, s. 293-327
-
Tidskriftsartikel (refereegranskat)abstract
- We study employment and new hires among high-growth firms (HGFs) in the Swedish knowledge-intensive sectors 1999-2002. Using matched employer-employee data, we find that HGFs are more likely to employ young people, poorly educated workers, immigrants, and individuals who experienced longer unemployment periods. However, these patterns seem contingent on the stage of the firm's evolution. HGFs that have already realized some rapid growth are more likely to hire individuals from other firms, even though immigrants are still overrepresented among new hires. In the case of both HGF employees and HGF new hires, employment opportunities in HGFs are provided by young and small firms.
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| 19. |
- Colombo, Massimo, et al.
(författare)
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Open Business Model and Venture Capital Finance
- 2016
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Ingår i: Industrial and Corporate Change. - : Oxford University Press. - 0960-6491 .- 1464-3650. ; 25:2, s. 353-370
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Tidskriftsartikel (refereegranskat)abstract
- We investigate the differences in venture capital (VC) governance of investee firms with Open Business Models, specifically Open Source Software (OSS), versus closed business models. Due to OSS's pronounced complexity and uncertainty, we conjecture that VC-backed OSS firms are more frequently staged and syndicated. We present robust empirical evidence from the United States that OSS ventures have more financing rounds and are more likely to be syndicated, and mixed evidence that OSS ventures have a larger number of syndicated investors.
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| 20. |
- Czarnitzki, Dirk, et al.
(författare)
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Delay and secrecy: does industry sponsorship jeopardize disclosure of academic research?
- 2015
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 24:1, s. 251-279
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Tidskriftsartikel (refereegranskat)abstract
- The viability of modern open science norms and practices depend on public disclosure of new knowledge, methods, and materials. Aggregate data from the OECD show a broad shift in the institutional financing structure that supports academic research from public to private sponsorship. This article examines the relationship between industry sponsorship and restrictions on disclosure using individual-level data on German academic researchers. Accounting for self-selection into extramural sponsorship, our evidence strongly supports the perspective that industry sponsorship jeopardizes public disclosure of academic research.
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