This paper provides a critical examination of the widely disseminated view that innovation in all or most activities is favoured by certain common characteristics in the local `milieu`, involving a cluster of many small firms benefiting from flexible inter-firm alliances, supported by mutual...

The book offers practical and theoretical insights in regional externalities. Regional externalities are a specific subset of externalities that can be defined as externalities where space plays a dominant role. This class of externalities can be divided into three categories: (1) externalities...

The book offers practical and theoretical insights in regional externalities. Regional externalities are a specific subset of externalities that can be defined as externalities where space plays a dominant role. This class of externalities can be divided into three categories: (1) externalities...