@article {924616,
	title = {Agents of Structural Change: The role of firms and entrepreneurs in regional diversification},
	year = {2014},
	abstract = {Who introduces structural change in regional economies: Entrepreneurs or existing firms? And do local\&nbsp;or non-local founders of establishments create most novelty in a region? Using matched employer/employee\&nbsp;data for the whole Swedish workforce, we determine how unrelated and therefore how novel\&nbsp;the activities of different establishments are to a region{\textquoteright}s industry mix. Up- and downsizing\&nbsp;establishments cause large shifts in the local industry structure, but these shifts only occasionally\&nbsp;require an expansion of local capabilities because the new activities are often related to existing local\&nbsp;activities. Indeed, these incumbents tend to align their production with the local economy, deepening\&nbsp;the region{\textquoteright}s specialization. In contrast, structural change mostly originates via new establishments,\&nbsp;especially those with non-local roots. Moreover, although entrepreneurs start businesses more often in\&nbsp;activities unrelated to the existing regional economy, new establishments founded by existing firms\&nbsp;survive in such activities more often, inducing longer-lasting changes in the region.},
	author = {Neffke, Frank and Matte Hartog and Ron Boschma and Martin Henning}
}
