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The spatial impact of entrepreneurial zones: firm, city and inter-city evidence

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  • Nebojša Stojčić
  • Korneliusz Pylak
  • Dubravka Jurlina Alibegović

Abstract

We investigate the impact of a decade-long, large public entrepreneurial infrastructure investment programme in an emerging European economy. Using a unique data set, we examine the short-run firm city and inter-city effects of entrepreneurial zones (EZs). EZs have a positive impact on business investment, sales and especially the export revenues of firms located within them. The positive economic effects of EZs are limited to host and neighbouring towns and cities, decrease with distance, and eventually become negative. This points to the localized nature of the effects of EZs and their potential for spatial redistribution and clustering of economic activity.

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  • Nebojša Stojčić & Korneliusz Pylak & Dubravka Jurlina Alibegović, 2022. "The spatial impact of entrepreneurial zones: firm, city and inter-city evidence," Regional Studies, Taylor & Francis Journals, vol. 56(12), pages 2164-2176, December.
    • Handle: RePEc:taf:regstd:v:56:y:2022:i:12:p:2164-2176
    DOI: 10.1080/00343404.2022.2046264
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    More about this item

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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