This article investigates the role played by geography in the promotion of innovation. In order to examine these issues we employ empirical data from Finland in order to test the extent to which the variety and nature of face-to-face contacts affects the innovation performance of the firm. In...

This paper investigates the role played by the knowledge transfers fostering innovation in Finnish high technology industries. In particular, we examine the roles played by both face-to-face knowledge transfers and also human capital transfers between different types of agents and institutions...

This article presents a theoretical model of the role of intra-regional economies of scale and inter-regional externalities across a three dimensional regional economy. Kubo's (1995) two-dimensional analysis is extended to study the dynamic properties of the development of the three regions. We...

Innovation is the driving force of the economy and it is the most important factor to the competitiveness of firms. Firms' capability to innovate, introduce new products to the market and develop new production methods has a significant effect on their success in the domestic and international...

The emergence, from the 1960s on, of a new spatial division of labor – with the old task-based division of labor within a firm taking on a spatial dimension, and comparative advantage increasingly shaping patterns of specialization by function/process as well as by sector/product – reflected...

This paper analyses the rental term structure taking into account the opportunity costs faced by the tenant for varying lease lengths. The analysis involves the application of a multi-period stock inventory model. The implication of the model is that the term structure of rents is determined by...