High-growth firm shares in Austrian regions: the role of economic structures. Issue 11 (1st November 2020)

• Record Type: Journal Article
• Authors: Friesenbichler, Klaus; Hölzl, Werner
• Is Part Of: Regional studies. Volume 54:Issue 11(2020)
• Page Start: 1585
• Page End: 1595
• Publication Date: 2020-11-01
• Subjects: high-growth firms -- industrial structure -- information and communication technology -- Austria -- variety -- NUTS-3; D22 -- L25 -- R11; Regional planning -- Periodicals; Regional planning -- Great Britain -- Periodicals; 307.14
• DOI: 10.1080/00343404.2020.1742316
• Languages: English
• ISSNs: 0034-3404

Abstract

ABSTRACT: This paper explores the structural determinants of high-growth firm shares in Austrian regions. The regional level of analysis allows one to uncover regularities that are not detectable in firm-level studies. It is found that lower mobility barriers, firm exits and technological opportunities, measured by digitalization intensities, and, to a lesser extent, agglomeration effects are associated with a larger share of high-growth firms. The results suggest that comparisons of shares of high-growth firm across countries and regions should consider differences in the industrial structures together with the often-emphasized differences in policies and regulations.