This paper analyzes a fundamental gap research in high-tech clusters surveying literature in a critical perspective: the paper evidenced the taken-for-granted assumption that knowledge spillovers (KS) are unique assets conveying flows of knowledge in clusters, arguing the importance of traded...

A great deal of multinationals receive a bundle of hidden or cash subsidizes upon investing in a foreign country. Policymakers often argue that a subsidy today will help locate friends of the investor later on. Using extensive data on FDI investments, we analyze such patterns. In particular, we...

Disambiguates theories of industrial clusters by providing a framework of three ideal-typical forms of clustering: the classic model of pure agglomeration, the industrial-complex model, and the social network or club model. The first two of these models come from classical and neoclassical...

The knowledge economy plays a key role in the spatial development of cities and towns. Options of flexible spatial organization of company locations have influenced business strategies and decision-making in choosing locations. This process establishes complex network economies in which...