Small and medium-sized firms' competitiveness and territorial characteristics/assets: The cases of Bari, Varna and Thessaloniki

Theodore Metaxas and Dimitris Kallioras ()

MPRA Paper from University Library of Munich, Germany

Abstract: The paper investigates the importance of territorial characteristics/assets (i.e. agglomeration economies, urban infrastructure, factors of labor and cost, development policies, qualitative factors, inter alia) on small- and medium-sized firms’ competitiveness. The analysis uses primary data from 374 small- and medium-sized firms located in Bari (Italy), Varna (Bulgaria) and Thessaloniki (Greece). These firms operate in the sectors of industry, commerce and services. Through the use of exploratory factor analysis and econometric analysis, the importance of particular factors for the competitiveness of firms has been analyzed, coming out in valuable conclusions not only for the firms and the areas considered but also for firms and areas with similar characteristics.

Keywords: firms’ competitiveness; territorial characteristics/assets; exploratory factor analysis; econometric analysis (search for similar items in EconPapers)
JEL-codes: O18 R11 R50 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-cse, nep-geo and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52446

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