Excerpt
Excerpt
Location Strategies for Agglomeration Economies. Juan Alcacer, September 2009, Paper. "Geographically concentrated industry activity creates pools of skilled labor, specialized suppliers, and increases opportunities for knowledge spillover. These agglomeration economies offer potential advantage for firms, but research exploring their strategic implications is incomplete. Therefore, we develop a three-layer framework of why firms agglomerate for each agglomeration economy. The first layer assesses the relative importance of skilled labor, suppliers, and knowledge spillovers..." Link