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Local multipliers in new firm creation: Inter-sectoral spillovers of entrepreneurship and startup agglomeration

Lookup NU author(s): Dr Jungho KimORCiD

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Abstract

This paper investigates the local multiplier effects in new firm creation by analysing a unique panel dataset of new firms and patents at the regional level in Australia. It finds that new firms in the tradable sector such as low-technology manufacturing and knowledge-intensive services industries have local multiplier effects on new firm creation in the non-tradable sector such as other services industries. It also shows that the local multiplier effect in new firm creation exists between manufacturing and knowledge-intensive services industries in the tradable sector. The local multipliers are greater in regions with more patents than in other regions.


Publication metadata

Author(s): Kim J

Publication type: Article

Publication status: Published

Journal: Global Economic Review

Year: 2021

Volume: 50

Issue: 3

Pages: 213-234

Print publication date: 03/07/2021

Online publication date: 18/01/2021

Acceptance date: 06/01/2021

ISSN (print): 1226-508X

ISSN (electronic): 1744-3873

Publisher: Routledge

URL: https://doi.org/10.1080/1226508X.2021.1874465

DOI: 10.1080/1226508X.2021.1874465


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