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Spinoffs and parents in clusters: evidence from the Italian motorcycle industry
Industry and Innovation ( IF 3.4 ) Pub Date : 2020-04-17 , DOI: 10.1080/13662716.2020.1753018
Gianluca Capone 1, 2 , Andrea Morrison 2, 3, 4
Affiliation  

ABSTRACT In this paper, we study the relation between parenting events and the performance of firms. Using data from the Italian motorcycle industry (1893–1993), we find that parents have higher survival chances after generating a spinoff (i.e. parenting event), confirming results from previous studies about other manufacturing industries. We also show that the survival patterns of parent firms differ across space, and we link them to cluster characteristics: parenting events are associated to survival advantages in the clusters of Milan and the Motorvalley, and to survival disadvantages in the cluster of Turin. The paper contributes to the literature on spinoffs and employee mobility and adds to the debate on the role of clusters and their institutions in evolutionary economic geography, by highlighting the importance of contextual factors for the performance of parent firms.

中文翻译:

集群中的分拆和母公司:来自意大利摩托车行业的证据

摘要 在这篇论文中,我们研究了育儿事件与公司业绩之间的关系。使用意大利摩托车行业(1893-1993)的数据,我们发现父母在产生衍生产品(即育儿事件)后有更高的生存机会,这证实了之前对其他制造业的研究结果。我们还表明,母公司的生存模式因空间而异,我们将它们与集群特征联系起来:养育事件与米兰和汽车谷集群的生存优势相关,与都灵集群的生存劣势相关。这篇论文为关于分拆和员工流动的文献做出了贡献,并增加了关于集群及其机构在进化经济地理学中的作用的辩论,
更新日期:2020-04-17
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