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Inter-regional mobility of entrepreneurial SMEs

Foreman-Peck, James S. and Nicholls, Tom 2015. Inter-regional mobility of entrepreneurial SMEs. Annals of Regional Science 54 (1) , pp. 57-87. 10.1007/s00168-014-0646-9

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Abstract

Expanding, entrepreneurial, enterprises move from high cost (congestion, wages and rent) locations where they innovated to low cost (smaller, less agglomerated) places suitable for standardised production. Net inter-regional relocations of British SMEs are predicted in part by this development pattern. SMEs that relocate are more productive, relatively larger and younger, as well as more probably initially located in London and the South East (core locations). These fast growing businesses become even more productive and employ even more workers after moving than regionally immobile SMEs. In this respect the UK regional core supports the periphery through a market process. Relocation is also a strategy for contracting enterprises, but not necessarily a helpful for smaller companies.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Business (Including Economics)
Subjects: G Geography. Anthropology. Recreation > G Geography (General)
H Social Sciences > H Social Sciences (General)
Uncontrolled Keywords: Spatial mobility – SMEs – firm strategy and growth- regional convergence- entrepreneurship.
Additional Information: Pdf uploaded in accordance with the publisher’s policy at http://www.sherpa.ac.uk/romeo/issn/0570-1864/ (accessed 30/10/2014) Published online 5th November 2014
Publisher: Springer Verlag
ISSN: 0570-1864
Funders: ESRC/Welsh government
Date of First Compliant Deposit: 30 March 2016
Date of Acceptance: 23 October 2014
Last Modified: 19 Mar 2019 16:27
URI: http://orca.cf.ac.uk/id/eprint/66160

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