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What drives growth at the microeconomic level? Burgess and Venables divide the factors that determine a location's growth performance into two groups, 1st advantage and 2nd advantage. The term 1st advantage refers to the conditions that provide the environment in which new activities can be...
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What drives growth at the microeconomic level? The authors divide the factors that determine a location's growth performance into two groups, "1st advantage" and "2nd advantage." The term 1st advantage refers to the conditions that provide the environment in which new activities can be...
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