This authoritative collection reprints the key articles in the
field of locational clustering, and the relationship between local
clusters and the activities of multinational firms. It covers both
the principle theoretical and statistical explanations of the
clustering of firms in common locations, and includes a selection
of important empirical studies of this phenomenon. Special
attention is given to the role played by knowledge spillovers, and
notably the geographical dimension of the relationship between
firms and universities. Further articles demonstrate how, contrary
to some popular beliefs, globalisation is not only consistent with
the emergence of a new emphasis upon locational clustering, but in
many ways it has helped to promote the differentiation of the
productive capabilities of different locations, and so has
reinforced clustering and reflected it. Globalization and the
Location of Firms will appeal to all those interested in the
revival of the role of location in economics and business, from any
of a variety of perspectives on the subject.
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