{"title":"Exploring Firm Decision‐Making and Location Strategies in High‐Tech Manufacturing Relocation in Beijing: A Lifecycle Perspective","authors":"Peiyuan Zhang, Jiaming Li, Wenzhong Zhang","doi":"10.1111/tesg.12645","DOIUrl":null,"url":null,"abstract":"Over the years, much research has focused on industrial relocations between countries resulting from globalisation and industrial modernisation. However, the relocation decisions of individual firms within metropolitan areas remain an insufficiently studied aspect of the relocation literature. This study aims to fill this gap by examining the relocation intentions and locations of high‐tech manufacturing firms at various stages of development in Beijing from the firm life cycle perspective. The results show that larger firms with more employees and higher property income are more willing to relocate. Interestingly, smaller firms do not follow the incubator theory, instead relocating to non‐agglomerated areas. As firms grow, however, they tend to move to areas with higher firm concentration. This indicates that not all industrial clusters in cities function as business incubators. Furthermore, it also confirms the influence of rootedness, regional accessibility and regional policies on the relocation of firms.","PeriodicalId":23136,"journal":{"name":"Tijdschrift voor economische en sociale geografie","volume":null,"pages":null},"PeriodicalIF":2.0000,"publicationDate":"2024-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Tijdschrift voor economische en sociale geografie","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1111/tesg.12645","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Over the years, much research has focused on industrial relocations between countries resulting from globalisation and industrial modernisation. However, the relocation decisions of individual firms within metropolitan areas remain an insufficiently studied aspect of the relocation literature. This study aims to fill this gap by examining the relocation intentions and locations of high‐tech manufacturing firms at various stages of development in Beijing from the firm life cycle perspective. The results show that larger firms with more employees and higher property income are more willing to relocate. Interestingly, smaller firms do not follow the incubator theory, instead relocating to non‐agglomerated areas. As firms grow, however, they tend to move to areas with higher firm concentration. This indicates that not all industrial clusters in cities function as business incubators. Furthermore, it also confirms the influence of rootedness, regional accessibility and regional policies on the relocation of firms.
期刊介绍:
The Tijdschrift voor Economische en Sociale Geografie is a leading international journal on contemporary issues in human geography, committed to promoting rigorous academic work on the field. Through its scholarly articles and special "dossiers" on topics of interest, it brings you the latest research findings from Europe and around the world in authoritative scientific contributions. The journal bridges the gap between continental European practices of geography and the Anglo-American traditions by including articles from both regions. The Tijdschrift is a channel for the dissemination of new perspectives, ideas and approaches to the study of human geography.