Agglomeration Effects and Firm Performance in Cultural Value Chain

Bibliographic Data

ID20414872
AuthorsBelén Usero (0000-0002-3452-3905), Jesús Del Brío
Year2015
Volume15
Issue2
Pages157-163
Publication date2015-11-10
Open AccessNo
TypeARTICLE
VenueTourism Culture & Communication (JOURNAL)
Journal identifiersISSN: 1098-304X • E-ISSN: 1943-4146
PublisherCognizant, LLC (PUBLISHER)
DOI10.3727/109830415x14401707766042
OpenAlexW2568867807
LanguageEN
References cited16

The aim of this article is to analyze the relationship between location and performance of cultural firms. The authors explore the sources of agglomeration benefits in cultural industries from the supply side and the demand side. In the context of Spain, the results show that the geographic concentration of cultural firms has a positive and significant influence in firm performance. Moreover, the results show asymmetric benefits of colocation by their position in the cultural value chain. The article discusses specifically the importance of the agglomeration concept for tourism, notably in some areas of Spain like Madrid or Catalonia. This article includes information to policy makers and entrepreneurs of the importance of business clustering and how cultural industries can generate a greater attraction for tourism

Business · Economic geography · Economics · Economies of agglomeration · Geography · Industrial organization · Microeconomics · Supply chain · Tourism · Value chain · Cultural Industries and Urban Development · Firm Innovation and Growth · Migration, Ethnicity, and Economy · Marketing

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Open DOISci-HubOpen Access