Performance differentials of agglomeration and strategic groups: a test of incubation and new venture strategy

A.S. Amezcua, Tiago Ratinho, P. Jayamohan

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Abstract

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.
Original languageEnglish
Title of host publicationFrontiers of entrepreneurship research
Place of PublicationBabson Park, MA, USA
PublisherBabson College
Pages-
Number of pages14
Publication statusPublished - 5 Jun 2013
EventBabson College Entrepreneurship Research Conference, BCERC 2013 - EMLYON Business School, Ecully, France
Duration: 5 Jun 20138 Jun 2013

Publication series

Name
PublisherBabson College

Conference

ConferenceBabson College Entrepreneurship Research Conference, BCERC 2013
Abbreviated titleBCERC
CityEcully, France
Period5/06/138/06/13

Keywords

  • IR-86300
  • METIS-296706

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    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.