This paper provides evidence that the effect of agglomeration externalities on survival is moderated by the start …-up's innovative behavior. It is shown that localization externalities are prevalent particularly in non-high-tech environments and …

The paper provides novel empirical evidence about the effects of spatial externalities on the survival of innovative … robust to the modifiable areal unit problem. Estimates of spatial externalities are obtained through survival regression … and strength of agglomeration externalities depend on the firm's life cycle. In particular, an interesting stylized fact …