Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/taf/regstd/v36y2002i2p113-124.html
   My bibliography  Save this article

Growth Regimes over Time and Space

Author

Listed:
  • David Audretsch
  • Michael Fritsch
Abstract
This paper seeks to shed new light on the policy debate about whether regional economic development policy should be targeted towards fostering new firm start-ups or nurturing large, incumbent enterprises. We extend the concept of technological regimes for innovative activity in the industrial economics literature to develop a concept of growth regimes for the unit of observation of regions. Based on data for 74 regions in West Germany over a two-decade period, we identify the existence of four distinct growth regimes: the entrepreneurial regime; the routinized regime; the revolving door regime; and the declining regime. The empirical evidence suggests that no single type of regime accounts for growth. Rather, regional growth can result in regions focusing on large enterprises or new enterprises. Thus, we conclude that diverse growth regimes exist across both time and space. Cet article cherche a eclaircir le debat a propos du role de la politique de developpement economique regional: devrait-elle cibler la creation d'entreprise ou le developpement des grandes entreprises existantes? La notion de regimes technologiques relatifs a l'innovation, tiree de la documentation sur l'economie industrielle, se voit etendre afin de developper la notion de regimes pour l'unite regionale observee. A partir des donnees aupres de 74 regions situees dans l'Allemagne de l'Ouest sur deux decennies, on identifie quatre regimes differents - le regime entreprise, le regime systematique, le regime transitoire et le regime declin. Les preuves empiriques laissent voir que la croissance ne s'explique pas par un seul regime. Plutot, la croissance regionale puisse avoir pour resultat des regions qui focalisent sur ou de grandes ou de nouvelles entreprises. Ainsi, on conclut que divers regimes existent sur le temps et dans l'espace. Der Beitrag behandelt die Frage, ob die Regionalpolitik auf die Stimulierung von Unternehmensgrundungen oder die Forderung von bereits existierenden Betrieben konzentrieren sollte. Dabei erweitern wir das industrieokonomische Konzept der Technologischen Regime um eine regionale Dimension. Anhand von Daten fur die Entwicklung von 74 westdeutschen Regionen uber fast zwei Dekaden identifizieren wir vier verschiedene Entwicklungsregime - das entrepreneurhafte Regime, das routinisierte Regime, das Drehtur-Regime und das Niedergangs-Regime. Der empirische Befund zeigt, das tatsachlich solche Unterschiede hinsichtlich des regionalen Entwicklungsregimes bestehen, wobei es im Zeitablauf durchaus auch zu einem Wechsel des Regime-Typs kommen kann. Daruber hinaus legen die Ergebnisse die Schlussfolgerung nahe, dass der positive Einfluss von Grundungen auf die wirtschaftliche Entwicklung vor allem langfristiger Natur ist.

Suggested Citation

  • David Audretsch & Michael Fritsch, 2002. "Growth Regimes over Time and Space," Regional Studies, Taylor & Francis Journals, vol. 36(2), pages 113-124.
    • Handle: RePEc:taf:regstd:v:36:y:2002:i:2:p:113-124
    DOI: 10.1080/00343400220121909
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00343400220121909
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00343400220121909?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Holmstrom, Bengt, 1989. "Agency costs and innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 12(3), pages 305-327, December.
    3. Winter, Sidney G., 1984. "Schumpeterian competition in alternative technological regimes," Journal of Economic Behavior & Organization, Elsevier, vol. 5(3-4), pages 287-320.
    4. Holmström, Bengt, 1989. "Agency Costs and Innovation," Working Paper Series 214, Research Institute of Industrial Economics.
    5. Audretsch, David B. & Fritsch, Michael, 1993. "A Note on the Measurement of Entry Rates," Freiberg Working Papers 1993/05, TU Bergakademie Freiberg, Faculty of Economics and Business Administration.
    6. Dosi, Giovanni, 1993. "Technological paradigms and technological trajectories : A suggested interpretation of the determinants and directions of technical change," Research Policy, Elsevier, vol. 22(2), pages 102-103, April.
    7. Scherer, F M, 1992. "Schumpeter and Plausible Capitalism," Journal of Economic Literature, American Economic Association, vol. 30(3), pages 1416-1433, September.
    8. Gort, Michael & Klepper, Steven, 1982. "Time Paths in the Diffusion of Product Innovations," Economic Journal, Royal Economic Society, vol. 92(367), pages 630-653, September.
    9. Malerba, Franco, 1992. "Learning by Firms and Incremental Technical Change," Economic Journal, Royal Economic Society, vol. 102(413), pages 845-859, July.
    10. Ikujiro Nonaka, 1994. "A Dynamic Theory of Organizational Knowledge Creation," Organization Science, INFORMS, vol. 5(1), pages 14-37, February.
    11. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    12. Cooke, Philip & Wills, David, 1999. "Small Firms, Social Capital and the Enhancement of Business Performance through Innovation Programmes," Small Business Economics, Springer, vol. 13(3), pages 219-234, November.
    13. David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011468, April.
    14. Jean Tirole, 1985. "Hierarchies and Bureaucracies," Working papers 363, Massachusetts Institute of Technology (MIT), Department of Economics.
    15. Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Audretsch, D.B. & Thurik, A.R., 2000. "What's New About the New Economy? Sources of growth in the managed and entrepreneurial economies," ERIM Report Series Research in Management ERS-2000-45-STR, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    2. Kuhn, Johan M. & Malchow-Møller, Nikolaj & Sørensen, Anders, 2016. "Job creation and job types – New evidence from Danish entrepreneurs," European Economic Review, Elsevier, vol. 86(C), pages 161-187.
    3. David Audretsch & Roy Thurik, 0000. "Sources of Growth," Tinbergen Institute Discussion Papers 97-109/3, Tinbergen Institute.
    4. Alfred Haid & Markus Thomas Münter, 1999. "Neuere Entwicklungen in der industrieökonomischen Forschung und die aktuelle Berichterstattung über die technologische Leistungsfähigkeit Deutschlands," Discussion Papers of DIW Berlin 188, DIW Berlin, German Institute for Economic Research.
    5. Cohen, Wesley M., 2010. "Fifty Years of Empirical Studies of Innovative Activity and Performance," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 129-213, Elsevier.
    6. Eckhardt, Jonathan T. & Shane, Scott A., 2011. "Industry changes in technology and complementary assets and the creation of high-growth firms," Journal of Business Venturing, Elsevier, vol. 26(4), pages 412-430, July.
    7. David B. Audretsch & Max Keilbach, 2006. "Entrepreneurship, Growth and Restructuring," Papers on Entrepreneurship, Growth and Public Policy 2006-13, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    8. David Audretsch & Taylor Aldridge, 2014. "The Development of US Policies directed at stimulating Innovation and Entrepreneurship," JRC Research Reports JRC87894, Joint Research Centre.
    9. Bruno Cassiman & Masako Ueda, 2006. "Optimal Project Rejection and New Firm Start-ups," Management Science, INFORMS, vol. 52(2), pages 262-275, February.
    10. Rui Baptista & Vítor Escária & Paulo Madruga, 2008. "Entrepreneurship, regional development and job creation: the case of Portugal," Small Business Economics, Springer, vol. 30(1), pages 49-58, January.
    11. Feldman, Maryann P. & Audretsch, David B., 1996. "Location, location, location: The geography of innovation and knowledge spillovers," Discussion Papers, various Research Units FS IV 96-28, WZB Berlin Social Science Center.
    12. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, August.
    13. Michael Fritsch & Pamela Mueller, 2004. "Effects of New Business Formation on Regional Development over Time," Regional Studies, Taylor & Francis Journals, vol. 38(8), pages 961-975.
    14. Ferreira, João J.M. & Fernandes, Cristina I. & Veiga, Pedro Mota, 2024. "The effects of knowledge spillovers, digital capabilities, and innovation on firm performance: A moderated mediation model," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    15. Baltzopoulos, Apostolos, 2009. "The Firm and the Region as Breeding Grounds for Entrepreneurs," Working Paper Series in Economics and Institutions of Innovation 189, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    16. Colombelli, Alessandra & Quatraro, Francesco, 2018. "New firm formation and regional knowledge production modes: Italian evidence," Research Policy, Elsevier, vol. 47(1), pages 139-157.
    17. Zoltán J. Ács & Pontus Braunerhjelm & David B. Audretsch & Bo Carlsson, 2015. "The knowledge spillover theory of entrepreneurship," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 7, pages 129-144, Edward Elgar Publishing.
    18. Leiponen, Aija, . "Innovation in Services and Manufacturing. A Comparative Study of Finnish Industries," ETLA B, The Research Institute of the Finnish Economy, number 165, June.
    19. Ashish Arora & Alfonso Gambardella & Laura Magazzini & Fabio Pammolli, 2009. "A Breath of Fresh Air? Firm Type, Scale, Scope, and Selection Effects in Drug Development," Management Science, INFORMS, vol. 55(10), pages 1638-1653, October.
    20. Lattacher, Wolfgang & Gregori, Patrick & Holzmann, Patrick & Schwarz, Erich J., 2021. "Knowledge spillover in entrepreneurial emergence: A learning perspective," Technological Forecasting and Social Change, Elsevier, vol. 166(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:36:y:2002:i:2:p:113-124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRES20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.