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| The Survival and Birth of Firms Author: Leon Shilton and Craig Stanley Start Page: 169 Abstract: Using a modified form
of the location quotient, a "growth quotient," this study traces the survival
and growth for the headquarters of publicly listed firms in the United States. At the
county level, the spatial concentrations of headquarters listed in 1997 are correlated
with the spatial concentrations of corporate headquarters that survived from 1986 though
1996. Counties that house the headquarters of many different survival firms continue to
spawn new headquarters. Counties with headquarters of survival firms in only one or two
industries tend to maintain and spawn firms in only those industries. These conclusions
support the Porter thesis that firms will spatially cluster for competitive advantage. |
