| Title: |
Regional incidence and persistence of high-growth firms: testing ideas from the entrepreneurial ecosystems literature. |
| Authors: |
Coad, Alex1; Domnick, Clemens2; Santoleri, Pietro2; Srhoj, Stjepan3,4 ssrhoj@efst.hr |
| Source: |
Regional Studies. Dec2025, Vol. 59 Issue 1, p1-21. 21p. |
| Subject Terms: |
*Entrepreneurship; *Business enterprises; *Regional economics; *Regional planning; Ecosystems |
| Abstract: |
Policymakers and scholars often assume that a higher incidence of high-growth firms (HGFs) is synonymous with vibrant regional economic dynamics, and that HGF shares are persistent over time as entrepreneurial ecosystems (EEs) have slowly changing features. In this paper we test these hypotheses, which are deeply rooted in the EE literature. Results do not provide strong support for the hypothesis that more developed regions feature higher HGF shares. We do find evidence consistent with HGF shares displaying persistency over time. However, we show that more developed regions do not have higher persistence in their HGF shares, and that the strength in persistence does not increase across the HGFs distribution, which does not support path-dependency as the main mechanism behind the observed persistence. Overall, we call for a more nuanced interpretation of both regional HGF shares and the EEs literature. [ABSTRACT FROM AUTHOR] |
| : |
Copyright of Regional Studies is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| Database: |
Business Source Premier |