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Markus Grillitsch

Professor

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How does the regional presence of foreign-owned multinational enterprises affect local start-up performance

Författare

  • Markus Grillitsch
  • Mikhail Martynovich
  • Magnus Nilsson
  • Torben Schubert

Summary, in English

This paper analyses how the presence of foreign-owned multinational enterprises (MNEs) affects the performance of start-ups in the same region. Focusing on the population of Swedish start-ups and MNEs between 2007 and 2015, we investigate the relationship between start-up productivity and regional share of MNE employment. We find effects that differ by sectoral belonging of start-ups and MNEs. Notably, while the effects of the local presence of foreign-owned MNEs are negative when start-ups and local MNEs belong to the same sector, they are positive for the local presence of MNEs in related and (to some weaker extent) unrelated sectors. Moreover, we find that as start-ups mature the effect of the local presence of foreign-owned MNEs on start-up productivity increases, irrespective of their sectoral belonging.

Avdelning/ar

  • CIRCLE
  • Marknadsföring
  • Innovation
  • Institutionen för kulturgeografi och ekonomisk geografi

Publiceringsår

2023

Språk

Engelska

Volym

2023/3

Dokumenttyp

Working paper

Förlag

Papers in Innovation Studies

Ämne

  • Economic Geography

Nyckelord

  • Productivity
  • Start-ups
  • Multinational enterprises (MNEs)

Aktiv

Submitted