Our paper investigates how nascent firms ‘performance is affected by strategic group membership and industrial agglomeration. Agglomeration is defined using geographical concentration while strategic groups are measured as incubated firms that belong to the industry most highly represented within an incubator. Results reveal that incubated firms in counties with higher levels of agglomeration experience a lower hazard of exit. Similarly, incubated firms that belong to a strategic group have a lower hazard of exit. However, the combined effects of agglomeration and strategic group membership based on a three-way interaction between incubation, agglomeration, and strategic group membership leads to an increased hazard of exit.
|Title of host publication||Frontiers of entrepreneurship research|
|Place of Publication||Babson Park, MA, USA|
|Number of pages||14|
|Publication status||Published - 5 Jun 2013|
|Event||Babson College Entrepreneurship Research Conference, BCERC 2013 - EMLYON Business School, Ecully, France|
Duration: 5 Jun 2013 → 8 Jun 2013
|Conference||Babson College Entrepreneurship Research Conference, BCERC 2013|
|Period||5/06/13 → 8/06/13|
Amezcua, A. S., Ratinho, T., & Jayamohan, P. (2013). Performance differentials of agglomeration and strategic groups: a test of incubation and new venture strategy. In Frontiers of entrepreneurship research (pp. -). Babson Park, MA, USA: Babson College.