Brown Bag Seminar Industrial Economics

The interplay of technology and knowledge constitutes the backbone of entrepreneurial ecosystems, crucial for fostering innovation. This study applies the economic complexity approach as a tool for quantitatively evaluating these ecosystems in German labor market regions. Our contribution to the literature involves linking comprehensive micro-datasets encompassing economic sectors and patent data spanning from 2012 to 2021. We delve into the dynamics of these ecosystems and their influence on the emergence of high-growth firms (Gazelles), economic growth (GDP and p.c.), and high-value patents. This paper offers novel empirical insights into the quality of entrepreneurial ecosystems, comparable across time and space, and their broader economic impact.

(joint work with Matthias Brachert)