Advertisement
Published in:
2002 | OriginalPaper | Chapter
Survey of empirical literature
Author : Professor Mario A. Maggioni
Published in: Clustering Dynamics and the Location of High-Tech-Firms
Publisher: Physica-Verlag HD
Included in: Professional Book Archive
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
In general, firms aim at maximising profits, therefore firms will choose a location which maximises locational net benefits. These in turn are composed ofgeographical benefits —i.e. benefits deriving from the quality of the site in terms of inputs endowment, costs and consumers location (i.e. the spatial distribution of demand)— andagglomeration benefits(i.e. benefits deriving from the location of other firms in the same site).