Locational preference and relocation behavior of research and development-oriented startups

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Key Points

The study aims to analyze the locational preferences and relocation behaviors of R&D-oriented startups during their establishment and relocation phases.
Interviews conducted with executives, primarily CEOs, of research and development-oriented startups
Focus on decision-making processes related to location at different growth stages
Assessment of factors influencing location choices, including cost efficiency and symbolic value
Locational preferences shift from cost efficiency to R&D compatibility and then to status acquisition as growth progresses.
Establishing in prime locations enhances credibility and future potential, aiding in attracting highly skilled human capital.
Physical constraints often force startups to choose between relocating to peripheral areas for facility needs and moving to urban centers for symbolic value.

Qualitative analysis examines locational choices in R&D startups, suggesting dual relocation dynamics in urban and peripheral areas.

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Iwai et al. (2026) studied this question.

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