Alcácer, Juan; Chung, Wilbur - In: Management Science 53 (2007) 5, pp. 760-776
Given the importance of proximity for knowledge spillovers, we examine firms' location choices expecting differences in … firms' strategies. Firms will locate to maximize their net spillovers as a function of locations' knowledge activity, their … strategies suggesting that firms consider not only gains from inward knowledge spillovers but also the possible cost of outward …