The regional-growth literature emphasises the importance of positive network externalities as determinants of the long-run competitiveness of region, highlighting their role in reducing spatial transaction costs and facilitating collective learning and innovation. In this paper we contribute to...

An important item of agreement between the 'new' economic geography and economic geography 'proper' is the role of increasing returns in regional economic development. This provides a focal point for the model proposed in this paper, which suggests a 'third way' somewhere between the analysis...