Agglomeration externalities of fast-growth firms

Du, Jun; Vanino, Enrico

doi:10.1080/00343404.2020.1760234

Cited by 18 publications

(16 citation statements)

References 65 publications

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“…They also find evidence that agglomeration economies and the quality of market support institutions and infrastructure positively influence the prevalence of HGFs. Looking at the UK between 1997 and 2013, Du and Vanino (2021) find evidence of positive spillovers from HGFs in the labor productivity of non-HGFs in the same sector and region. However, the externalities regarding employment growth in non-HGFs are negative, suggesting effects of labor poaching and local competition.…”

Section: Regional Determinantsmentioning

confidence: 93%

Is there heterogeneity among persistent high‐growth firms?

Monteiro

Bortoluzzo

Rosa³

2021

Growth and Change

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Section: Regional Determinantsmentioning

confidence: 93%

Is there heterogeneity among persistent high‐growth firms?

Monteiro

Bortoluzzo

Rosa³

2021

Growth and Change

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“…[14]; -the analysis shows robust evidence of positive spill overs of fast-growth firms on the labour productivity of non-fast-growth firms in the same industry and region. However, the externalities in relation to the employment growth of non-fast-growth firms are negative, suggesting labour poaching and local competition effects [15].…”

Section: Fig 1 Indicators For Determining the Development And Develmentioning

confidence: 99%

Features of urban agglomerations formation in the system of the Black Sea region

et al. 2021

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Research background: The structure of the urban agglomeration is quite dynamic and requires comprehensive consideration and research. Despite the initial stage - formation, urban agglomerations in the system of the Black Sea region have the characteristics of developed systems. The paper evaluates the starting position of urban agglomerations of the Black Sea region, based on the coefficient of development, coefficient and index of agglomeration. Emphasis is placed on the consideration of urban agglomerations in the context of the recreational component. The vector of development changes from the central areas to the suburban area with the active transformation of the spatial structure. A system of integrated territorial development of urban agglomerations is needed, taking into account their specific spatial components. Purpose of the article: Research of modern processes that form urban agglomerations. Study of positive and negative effects of agglomeration. Identification of the main factors influencing the agglomeration process of the Black Sea region. Methods: The following methods were used to solve the problems: analysis, synthesis, systematization, comparison, rating. Findings & Value added: Development of urban agglomerations of the Black Sea region is planning and coordination of further sustainable development of agglomeration space, including development of plan for construction, planning and coordination of infrastructure construction, search for funding sources. This will intensified investment, give impetus to the development infrastructure, economic environment and recreational component.

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“…Furthermore, only 20% of the firms in the ‘sweet spot’ were HGFs (turnover-based definition) and only 5% were HGFs (employment-based definition). Finally, those local or regional economies with a greater number of HGFs are not necessarily those which benefit most from it as there was evidence of competition-led crowding out effects for skills and labour for other firms in the local economy – a net job destruction effect (Du and Vanino, 2019). So, from a productivity perspective, HGFs, as defined by the OECD, are not an important group of firms at all.…”

Section: Laying False Trails For Policy Makersmentioning

confidence: 99%

From the Cabinet of Curiosities: The misdirection of research and policy debates on small firm growth

Hart

Prashar

2020

International Small Business Journal

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We would like to thank Professor Mark Hart, Dr Neha Prashar and Dr Anastasia Ri for compiling our Annual Review Article of 2020 which is dedicated to the memory of Michael Anyadike-Danes. Analyses of growth and scalability are of perennial interest given the centrality of this issue and the diverse range of debate it generates; it is clearly of even greater importance during the current pandemic given the disruption to markets and related economic volatility. This review papers offers a refreshing critique of axioms regarding scalability which have been latched onto by policy makers but are not supported by longitudinal evidence and instead, considers alternative pathways for future research. I would like to extend my thanks to the authors and to the referee who commented upon an earlier version of this article, for their valuable contribution to the ISBJ. Understanding business growth, and particularly the growth of small firms, has been the subject of academic enquiry for over 40 years. Yet, it still creates debate and controversy as academics and policy makers wrestle with a rich, complex evidence base. From a policy perspective, ‘scaling’ is an important dynamic to nurture in the UK economy, but we argue that current discussions about ‘scale-ups’ are profoundly unhelpful from a policy perspective and has misdirected research effort and public policy resources. We step away from growth rates as the central concern – the preoccupation of the Organisation for Economic Co-Operation and Development (OECD) High-Growth Firm metric – towards ‘growth trajectories’ which better captures the interplay between growth and survival. It provides a different approach to measuring the contribution of rapidly growing firms to job creation and economic growth.

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Agglomeration externalities of fast-growth firms

Cited by 18 publications

References 65 publications

Is there heterogeneity among persistent high‐growth firms?

Is there heterogeneity among persistent high‐growth firms?

Features of urban agglomerations formation in the system of the Black Sea region

From the Cabinet of Curiosities: The misdirection of research and policy debates on small firm growth

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