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The Exit of Pharmacia and Regional Growth

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Abstract

In this paper we ask whether the withdrawal of a major employer (Pharmacia) from a region in Sweden (Uppsala) has had a negative effect on employment growth. We explore the possibility that the exit of Pharmacia may not have had a negative effect on the total employment in the region. It might be the case that new innovative resources with economic potential have been released due to the withdrawal leading to new firm formation and expansion of existing firms. We find no evidence that the withdrawal has led to a negative effect on employment growth in the region.

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  • Fridh, Ann-Charlotte, 2003. "The Exit of Pharmacia and Regional Growth," Ratio Working Papers 22, The Ratio Institute.
    • Handle: RePEc:hhs:ratioi:0022
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    File URL: http://www.ratio.se/pdf/wp/wp_acf_exit.pdf
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    Cited by:

    1. Anders Waxell, 2008. "Guilty by Association: A Cross-industrial Approach to Sourcing Complementary Knowledge in the Uppsala Biotechnology Cluster," European Planning Studies, Taylor & Francis Journals, vol. 17(11), pages 1605-1624, December.
    2. Anders Waxell & Anders Malmberg, 2007. "What is global and what is local in knowledge-generating interaction? The case of the biotech cluster in Uppsala, Sweden," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 19(2), pages 137-159, March.

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    More about this item

    Keywords

    exit; regional growths; start-ups; entry;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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    1. Pharmacia in Wikipedia German

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