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Location, Competition, and Economic Development: Local Clusters in a Global Economy
2000
Economic development quarterly
Economic geography during an era of global competition involves a paradox. It is widely recognized that changes in technology and competition have diminished many of the traditional roles of location. Yet clusters, or geographic concentrations of interconnected companies, are a striking feature of virtually every national, regional, state, and even metropolitan economy, especially in more advanced nations. The prevalence of clusters reveals important insights about the microeconomics of
doi:10.1177/089124240001400105
fatcat:wwwgoji65jfghaiaeneegzgzeq