Managing where you are: agglomeration economies, managerial industry experience and innovation in South-East Asia

Joris Knoben*, Daniel Speldekamp, Harm Hulshof

*Bijbehorende auteur voor dit werk

    OnderzoeksoutputAcademicpeer review

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    It is well-established that firms leverage both internal and external resources for their innovation activities. Even though the role of agglomeration economies in shaping the external resources available to firms has been particularly well-studied it is still unclear whether it is diversity or specialisation within agglomerations that drives firm innovativeness. We suggest that both do but that their relations with firm innovativeness are moderated by managerial industry experience. Using data from four South-East Asian economies we find that managers with more industry experience are better able to make the most of where they are, leveraging the opportunities afforded by their geographic environment. This finding is most pronounced in rural areas where firms with inexperienced managers almost never innovate, whereas half of the firms with experienced managers do. This suggests that future agglomeration research should be attentive to firm-level idiosyncrasies.

    Originele taal-2English
    Aantal pagina's25
    TijdschriftIndustry and Innovation
    StatusE-pub ahead of print - 18-sep.-2022

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