Abstract
Research on firm location typically adopts a regional perspective and ascribes cluster benefits to firms. This study considers a firm's complete national geographic presence, including their sub-units, relative to all other firms. We focus on the US pharmaceutical and biotechnology industries due to their knowledgeintensive nature. We carefully define the two industries as 'alter' to each other. Higher firm level performance is associated with greater scattering of a firm's sub-units. There are surprising adverse effects of proximity to firms in the 'alter' industry and no effect of proximity to directly competing firms in the 'ego' industry.
| Original language | English (US) |
|---|---|
| Journal | Academy of Management Annual Meeting Proceedings |
| DOIs | |
| State | Published - 2006 |
| Event | 66th Annual Meeting of the Academy of Management, AOM 2006 - Atlanta, GA, United States Duration: Aug 11 2006 → Aug 16 2006 |
Keywords
- Benefits and costs of proximity
- Geographic signature of firms
- Knowledge intensive industries
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