Industry relatedness and new firm survival in China: do regional institutions and firm heterogeneity matter?

被引:8
|
作者
Guo, Qi [1 ,4 ]
Zhu, Shengjun [2 ]
He, Canfei [2 ,3 ]
机构
[1] Nankai Univ, Coll Econ & Social Dev, Tianjin, Peoples R China
[2] Peking Univ, Coll Urban & Environm Sci, Beijing, Peoples R China
[3] Peking Univ, Lincoln Inst Ctr Urban Dev & Land Policy, Beijing, Peoples R China
[4] Nankai Univ, Collaborat Innovat Ctr China Econ, Tianjin, Peoples R China
基金
中国国家自然科学基金;
关键词
Evolutionary economic geography; industry relatedness; new firm survival; regional institutions; firm heterogeneity; China; FOREIGN DIRECT-INVESTMENT; AGGLOMERATION; GROWTH; LOCATION; DIVERSIFICATION; DETERMINANTS; EMBEDDEDNESS; TRANSITION; ECONOMIES; PROXIMITY;
D O I
10.1080/14631377.2018.1443253
中图分类号
F [经济];
学科分类号
02 ;
摘要
Recent studies in evolutionary economic geography (EEG) highlight the key role of industry relatedness and cognitive proximity in boosting firm performance using data from developed countries. This paper explores the effect of industry relatedness on new firm survival in China by using a firm-level dataset for the 1999-2008 period. Based on survival models, it contributes to the ongoing debate by pointing out that new firms that are highly related to local industries have a lower failure rate, and the effect of industry relatedness is inflected by regional institutions and firm attributes. Industry relatedness occurs more effectively in the market-oriented regions but less effectively in regions with strong economic and political incentives of local governments.
引用
收藏
页码:735 / 754
页数:20
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