1,721,016 research outputs found

    Knowledge-Driven Agglomeration Processes

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    According to the economic geography literature, firms tend to geographically cluster when agglomeration economies exist. These are positive externalities associated with the co-location of firms within a bounded geographic area. Traditionally, the agglomerative advantages have been expressed in terms of pecuniary externalities and they have been identified as one of the key sources of the geographical clusters' competitive advantage. However, in the last years the basics of competition are changed and the ability of firms to create new knowledge is more crucial for success rather than the efficiency in production. This has shifted the attention of scholars on the role of knowledge and learning for the competitiveness and success of geographical clusters. In line with these studies, the chapter suggests that agglomeration economies are related to both pecuniary externalities and knowledge-based externalities. The latter are benefits that co-located firms can gain in terms of development of knowledge. To investigate whether knowledge-based externalities affect geographical clustering of firms, an agent-based model is developed. By using this model, a simulation analysis is carried out

    The role of geographical clusters in the success of reward-based crowdfunding campaigns

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    Crowdfunding is a relatively new phenomenon, which disrupted the classic way to fund a venture. It consists in retrieving the capital needed to start an entrepreneurial activity drawing funds from a large base of small investors – generally common people – rather than from the traditional financial sources. Although many studies have been conducted on this topic, little focus has been put on the geography of this phenomenon. This article addresses this issue analysing whether regions characterized by the presence of geographical clusters are able to raise the probability of a successful crowdfunding campaign for projects located there. Drawing on a data set of 792 crowdfunded projects, we conduct an empirical study aimed at studying the role played by geographical clusters in fostering the crowdfunding of new entrepreneurial ventures. The results offer insights into the phenomenon of crowdfunding and shed light on the role of geographical clusters in the success of reward-based crowdfunding campaigns of early-stage entrepreneurial projects

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    Competitive Success of Italian Industrial Districts: A Network-based Approach

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    The article conducts an explorative research on the competitive success of industrial districts (IDs) based on their capacity to adapt and evolve in response to the environmental changes. The aim is to identify the ID structural features supporting adaptation by using the complexity theory. Thus, IDs are considered as complex adaptive systems (CASs) and the ID features that foster adaptation are identified based on the main CAS properties, namely inter-connectivity, heterogeneity and control. To formulate the theory linking the values of the ID structural features with the ID competitive success, a multiple case study is carried out. Finally, three theoretical propositions are derived.JEL: P13, P17, P48, R10</jats:p

    How to Survive in a Declining Industry? A study of the clothing industry in Southern Italy

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    &lt;p&gt;The aim of this paper is to identify possible competitive strategies that guarantee the survival of a declining industry.  To reach this aim an explorative empirical research based on a multiple case study design has been developed. The research focuses on the textile and clothing industry and studies seven target companies operating in different textile and clothing subsectors. Empirical results allow to define a strategic business framework consisting of three competitive strategies each one characterized by a strategic goal and implemented by three macro-strategic actions: deindustrialization, internationalization, and leverage networking.&lt;/p&gt;</jats:p
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