Investigating Institutional, Economic and Social Determinants of European Regions for Firm Growth Through Employment Generation
研究了2010-2013年14个欧洲国家的区域制度、经济和社会特征如何影响不同类型企业的就业增长，发现区域因素对企业成长有显著异质性影响，对管理者和政策制定者有参考价值。
Abstract This paper examines the influence of the institutional, economic and social characteristics of a region on firm growth through employment generation across 14 European countries for the time period 2010–2013. Theoretically, we utilize the resource‐based view alongside insights from institutional theory to develop a conceptual framework that captures the influence of regional characteristics on firm employment growth. Based on this framework, our empirical results indicate that not only does firm growth depend on the firm‐specific characteristics found in the literature, but regional attributes also significantly impact firm growth in a heterogeneous way for different firm types. In line with the heterogeneous nature of firm growth, our results point to significant differences in the influence of institutional, economic and social characteristics on firm growth in different‐sized groups and across different rates of growth distribution. The implications of our study suggest the importance of managers and policy‐makers realizing which firms are mostly expected to benefit from the external environment, and which in turn can be planned via tailored policy reform by regional governments and firm‐level strategy‐making by managers.