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The spatial evolution of the Italian motorcycle industry (1893–1993): Klepper’s heritage theory revisited

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  • Andrea Morrison
  • Ron Boschma

Abstract

This article investigates the spatial evolution of the Italian motorcycle industry during the period 1893–1993. We find strong support for the heritage theory of Klepper, even after controlling for agglomeration economies. However, we find also a positive effect of being located in the Motor Valley cluster in Emilia Romagna on the survival rate of motorcycle firms. Interestingly, this beneficial effect is stronger in the Emilia Romagna cluster than elsewhere. This might indicate the importance of a favorable local institutional environment, as propagated by the Emilian district literature.

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  • Andrea Morrison & Ron Boschma, 2019. "The spatial evolution of the Italian motorcycle industry (1893–1993): Klepper’s heritage theory revisited," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 28(3), pages 613-634.
    • Handle: RePEc:oup:indcch:v:28:y:2019:i:3:p:613-634.
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    JEL classification:

    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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