Although it is widely recognized that changes in technology and competition have diminished many of the traditional roles of location, this study argues for a prominent role of clusters, or geographic concentrations of interconnected companies, specialized suppliers, service providers, and...

This paper analyzes fiscal competition to attract mobile students within a federation, taking into account both direct positive effects of tertiary education on local output and indirect effects on the workplace choices of high-skilled graduates. The policy analysis of subsidies for higher...

There is a fierce regional competition to grow “innovation clusters” going on in the U.S. Many worry states and cities are overspending on innovation rather than focusing on more immediate problems like improving basic infrastructure. For the first time, the federal government has taken...

More and more scholars of regional science are interested nowadays in the question what role do clusters in city-regions play in the knowledge-based economy. This question can be dealt with from the functional or nodal regions point of view and one has to examine the factors that influence...

The Global Competitiveness Index (GCI) developed by Xavier Salai-Martín, in collaboration with the World Economic Forum, has been measuring the factors that drive the growth and prosperity since 2005. This paper focuses on grouping the European nations according to global competitiveness. It...