The realisation that fast growing SMEs are major contributors to economic prosperity has seen these firms being increasingly attributed with a more central role in the development of wealth, innovation, employment and national competitiveness. Spatial proximity often positively affects knowledge...

Current research suggests that the process of knowledge creation is both networked and iterative. Synthesising the literature highlights a range of factors for analysis in knowledge-based industries. These factors are then used to examine the biotechnology sector in Queensland Australia,...