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Regional determinants of ICT new firm formation

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Abstract

The role of regional determinants in new entrepreneurs’ location decisions is analyzed in the French information and communication technologies (ICT) sector. As we focus on the emergence of this industry, our dataset includes every new ICT firm in France in the period 1993–2001. We find evidence for the positive effect of co-location with incumbent ICT firms and some effect of knowledge spillovers. The effects of agglomeration, entrepreneurial capital and human capital are mixed.

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Notes

  1. See also: Armington and Acs (2002); Audretsch and Fritsch (1994); Garofoli (1994); Guesnier (1994); Keeble and Walker (1994).

  2. The difference in R 2 between the ‘total’ regression and the regressions when one factor group is deleted from this regression are as follows: agglomeration (−0.016), entrepreneurship capital (−0.024), human capital (−0.026), knowledge spillovers (−0.004), and geographical proximity (−0.056).

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Acknowledgments

Earlier versions of this study were presented at the European and International Council of Small Business (ECSB, ICSB) conferences and the Association Information and Management (AIM) information systems conference. We would also like to thank the three anonymous reviewers for their efforts in improving our work. The authors are members of the Labex Entrepreneurship, Montpellier, France. This ‘laboratory of excellence’ is part of a French government fund recognizing and promoting performing research initiatives in human and natural sciences. Frank Lasch holds also the chair ‘Entrepreneurship & Innovation’ of the Labex initiative.

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Lasch, F., Robert, F. & Le Roy, F. Regional determinants of ICT new firm formation. Small Bus Econ 40, 671–686 (2013). https://doi.org/10.1007/s11187-011-9382-z

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