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  • Article

Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines

By: Edward L. Glaeser, Sari Pekkala Kerr and William R. Kerr
We study entrepreneurship and growth through the lens of U.S. cities. Initial entrepreneurship correlates strongly with urban employment growth, but endogeneity bedevils interpretation. Chinitz (1961) hypothesized that coal mines near cities led to specialization in... View Details
Keywords: Industrial Organization; Chinitz; Agglomeration; Clusters; Cities; Mines; Industry Clusters; Urban Development; Entrepreneurship; City; Mining; Mining Industry; United States
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    Spatial Organization of Firms

    We explore the impact of geographically bounded intra-firm spillovers (internal agglomeration economies) and geographically bounded inter-firm spillovers (external agglomeration economies) on firms’ location strategies. Using data from the Census Bureau’s Longitudinal... View Details
    • 2011
    • Working Paper

    Spatial Determinants of Entrepreneurship in India

    By: Ejaz Ghani, William R. Kerr and Stephen O'Connell
    We analyze the spatial determinants of entrepreneurship in India in the manufacturing and services sectors. Among general district traits, quality of physical infrastructure and workforce education are the strongest predictors of entry, with labor laws and household... View Details
    Keywords: Education; Entrepreneurship; Industry Structures; Infrastructure; Manufacturing Industry; Service Industry; India
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    • 2016
    • Chapter

    The Origins of High-Tech Venture Investing in America

    By: Tom Nicholas
    The United States has developed an unparalleled environment for the provision of high-tech investment finance. Today it is reflected in the strength of agglomeration economies in Silicon Valley, but historically its origins lay in the East Coast. Notably, immediate... View Details
    Keywords: Venture Capital; Investment; Information Technology; History; Financial Services Industry; United States
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    • 15 Dec 2009
    • First Look

    First Look: Dec. 15, 2009

    pairwise industry and establishment level and measure agglomeration in a global and continuous metric space. These indices exhibit distinct advantages compared to traditional measures of agglomeration... View Details
    Keywords: Martha Lagace
    • October 2012 (Revised February 2014)
    • Teaching Note

    Intel: Strategic Decisions in Locating a New Assembly and Test Plant (A) and (B)

    By: Juan Alcácer
    The case is used in Harvard Business School's (HBS) elective course "Competing Globally" as the first case in the third module (see "Competing Globally: Course Note for Instructors," HBS No. 713-422). As the first case in the module, it introduces the framework to... View Details
    Keywords: Strategic Positioning; Location Choices; Location Strategies; Strategic Planning; Strategy; Global Strategy; Geographic Location; Computer Industry
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    • 2013
    • Article

    Local Industrial Structures and Female Entrepreneurship in India

    By: Ejaz Ghani, William R. Kerr and Stephen O'Connell
    We analyze the spatial determinants of female entrepreneurship in India in the manufacturing and services sectors. We focus on the presence of incumbent female-owned businesses and their role in promoting higher subsequent female entrepreneurship relative to male... View Details
    Keywords: Entrepreneurship; Gender; Manufacturing Industry; Service Industry; India
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    • 2021
    • Article

    Cluster Presence and Economic Performance: A New Look Based on European Data

    By: Christian H.M. Ketels and Sergiy Protsiv
    This paper takes a fresh empirical look at how cluster presence matters for economic performance. It analyses a new data set developed for the European Cluster Observatory to assess the impact of clusters on industry-level wages and regional prosperity. It is found... View Details
    Keywords: Cluster; Economic Geography; Prosperity; Economic Performance; Wages; Economy; Europe
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    • 13 Nov 2012
    • First Look

    First Look: November 13

    multinational firms. Our analysis shows that the emerging offshore clusters of multinationals are not a simple reflection of domestic industrial clusters. Location fundamentals including market access and comparative advantage and under-emphasized View Details
    Keywords: Sean Silverthorne
    • December 2014
    • Article

    Clusters, Convergence, and Economic Performance

    By: Mercedes Delgado, Michael E. Porter and Scott Stern
    This paper evaluates the role of regional cluster composition in regional industry performance. On the one hand, diminishing returns to specialization in a location can result in a convergence effect: the growth rate of an industry within a region may be declining in... View Details
    Keywords: Clusters; Economics; Industry Clusters; Economy; Growth and Development; United States
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    • 2023
    • Working Paper

    Deglobalization and Entrepreneurial Investment: The Natural Experiment of Brexit

    By: Elisa Alvarez-Garrido and Juan Alcácer
    We seek to gain insight into the consequences of deglobalization on entrepreneurial investment by analyzing an instance of economic disintegration: the United Kingdom’s exit from the European Union. Brexit is not only a unique empirical opportunity, a natural... View Details
    Keywords: Entrepreneurial Finance; International Relations; Trade; Disruption; Globalized Economies and Regions; United Kingdom
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    • 10 Jun 2014
    • First Look

    First Look: June 10

    industries. We exploit data from the U.S. Cluster Mapping Project to examine the effects of agglomeration within regional clusters after controlling for convergence at the region-industry level. Our findings suggest that industries... View Details
    Keywords: Sean Silverthorne
    • 17 Aug 2021
    • Op-Ed

    Dispensing Justice: The Case for Legalizing Cannabis Nationally

    severe penalties The legal cannabis industry is hamstrung by its federal illegitimate status. Barred from interstate commerce, the US cannabis industry has become an agglomeration of 37 fragmented, isolated markets. Each state that has... View Details
    Keywords: by Ashish Nanda and Tabatha Robinson
    • 14 Oct 2014
    • First Look

    First Look: October 14

    offshore clusters of multinationals are not a simple reflection of domestic industrial clusters. Agglomeration economies including capital-good market externality and technology diffusion play a more... View Details
    Keywords: Sean Silverthorne
    • 06 May 2014
    • First Look

    First Look: May 6

    patterns and determinants underlying the global economic geography of multinational firms. Our analysis presents new stylized facts that suggest the emerging offshore clusters of multinationals are not a simple reflection of domestic industrial clusters. View Details
    Keywords: Sean Silverthorne
    • 21 May 2013
    • First Look

    First Look: May 21

    http://hbr.org/product/keeping-up-with-the-quants-your-guide-to-understan/an/11177-HBK-ENG 2006 Strategic Management Journal Location Strategies for Agglomeration Economies By: Alcácer, Juan, and Wilbur... View Details
    Keywords: Sean Silverthorne
    • 09 Mar 2010
    • First Look

    First Look: March 9

    name servers host typosquatting domains as much as four times as often as the web as a whole. Download the paper: http://www.benedelman.org/typosquatting/typosquatting.pdf   Working PapersLocation Strategies for Agglomeration View Details
    Keywords: Martha Lagace
    • 11 Sep 2012
    • First Look

    First Look: September 11

    effect of efficiency wages on employee behavior and social norms.   Working PapersSpatial Organization of Firms: Internal and External Agglomeration Economies and Location Choices Through the Value Chain... View Details
    Keywords: Sean Silverthorne
    • 13 Apr 2010
    • First Look

    First Look: April 13

    led to the emergence of new industrial clusters around the world. In this paper, we examine how "first nature" location fundamentals and "second nature" agglomeration economies jointly... View Details
    Keywords: Martha Lagace
    • 12 Sep 2017
    • First Look

    First Look at New Research and Ideas, September 12, 2017

    actions with social or future benefits. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=53178 A Historical Approach to Clustering in Emerging Economies By: Giacomin, Valeria Abstract—Clusters are defined as... View Details
    Keywords: Carmen Nobel