Platform Cooperativism Resource Library


This paper investigates how certain aspects of regional industrial structure favor or hinder the success of different types of startups. It distinguishes three types of startups: innovative startups have the capacity to introduce new business models, products, and forms of organization, high-growth startups outperform their competition, and pioneers are first movers which realize industrial niches. It finds that a greater degree of relationship between regional industries favors overall entrepreneurship and innovative startups but hinders high-growth startups, while higher complexity of the regional economy favors overall entrepreneurship but hinders high-growth startups. The paper also uses industrial theory to propose explanations for these results.

Added August 24, 2023