If large companies buy small dynamic enterprises, and move them to the headquarters' location or elsewhere, the process could suppress regional, or dependent, economy income and productivity. We investigate this hypothesis by analysing around 2 million observations of the UK enterprise- level...

Introduction : aims of the book -- The emergent knowledge economy : concepts and evidence -- Knowledge-based sectors : key drivers of innovation and models of knowledge exchange -- Local clusters and global networks -- Varieties of business system and innovation -- Introduction to key research...