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The nature of local knowledge and new firm formation

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  • Jonghoon Bae
  • Jun Koo

Abstract

Knowledge spillovers in a region often co-vary with the size of knowledge created in the region, i.e. local knowledge. Local knowledge is, however, open to competition between incumbents and new entrants. Given this competition, the size of local knowledge is not always conductive to new entrants. This study examines which types of local knowledge may increase the potential for knowledge spillovers, and eventually entrepreneurial activities. Copyright 2009 , Oxford University Press.

Suggested Citation

  • Jonghoon Bae & Jun Koo, 2009. "The nature of local knowledge and new firm formation," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 18(3), pages 473-496, June.
    • Handle: RePEc:oup:indcch:v:18:y:2009:i:3:p:473-496
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    File URL: http://hdl.handle.net/10.1093/icc/dtn017
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    Cited by:

    1. Anthony Sinyangwe & Bruce Mwiya & John Lungu, 2024. "Effects of Regulatory Environment on the Performance of Small-Scale Mining Enterprises: Evidence from Zambia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 3429-3446, August.
    2. Enrique Claver-Cortés & Bartolomé Marco-Lajara & Pedro Seva-Larrosa & Lorena Ruiz-Fernández & Eduardo Sánchez-García, 2020. "Explanatory Factors of Entrepreneurship in Food and Beverage Clusters in Spain," Sustainability, MDPI, vol. 12(14), pages 1-22, July.
    3. Niklas Elert, 2014. "What determines entry? Evidence from Sweden," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 53(1), pages 55-92, August.
    4. Yan Zhou & Sangmoon Park, 2020. "The Regional Determinants of the New Venture Formation in China’s Car-Sharing Economy," Sustainability, MDPI, vol. 13(1), pages 1-22, December.
    5. Stephen Roper & James H. Love, 2018. "Knowledge context, learning and innovation: an integrating framework," Industry and Innovation, Taylor & Francis Journals, vol. 25(4), pages 339-364, April.
    6. Manuel Acosta & Daniel Coronado & Esther Ferrándiz & M. Dolores León & Pedro J. Moreno, 2017. "The geography of university scientific production in Europe: an exploration in the field of Food Science and Technology," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(1), pages 215-240, July.
    7. Mikaela Backman & Janet E. Kohlhase, 2022. "Labor force diversity and new firm formation," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 68(1), pages 9-28, February.
    8. Henry Renski, 2014. "The Influence of Industry Mix on Regional New Firm Formation in the United States," Regional Studies, Taylor & Francis Journals, vol. 48(8), pages 1353-1370, August.
    9. Niccolò Ghio & Massimiliano Guerini & Erik Lehmann & Cristina Rossi-Lamastra, 2015. "The emergence of the knowledge spillover theory of entrepreneurship," Small Business Economics, Springer, vol. 44(1), pages 1-18, January.

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