2. It is often argued that local knowledge spillover is more feasible for firms existing in clusters.

Question:

2. It is often argued that local knowledge spillover is more feasible for firms existing in clusters. The difficulty in transferring the knowledge lies in the distance.

Explain with reference to the situation addressed in the knowledge spillovers section.

Give one example of an industry cluster in a developing country.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

International Finance Theory And Policy

ISBN: 9781292019550

10th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

See More Books

Question Posted: Oct 02, 2024 07:03 AM

See More Questions

The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/2515-8961.htm Institutional factors and Subnational location choice...
Chapter 7 focused on a set of issues that affect all firms that are trying to construct a locational strategy that spans international borders. We argued that firms should select from amongst many...
Chapter 7 focused on a set of issues that affect all firms that are trying to construct a locational strategy that spans international borders. We argued that firms should select from amongst many...
1.3 WANEFMAC7 1.3.007. Find the equation of the given linear function. \[ f(x)= \] WANEFMAC7 1.3.015. Find the slope of the given line, if it is defined. (If an answer is undefined, enter UNDEFINED.)...
As a project manager, you are going to prepare two project outlines for the development of a mobile application. One project outline uses a waterfall model, another uses an agile method.
A hair dryer may be idealized as a circular duct through which a small fan draws ambient air and within which the air is heated as it flows over a coiled electric resistance wire. Surroundings, Tur...
2. It is often argued that local knowledge spillover is more feasible for firms existing in clusters. The difficulty in transferring the knowledge lies in the distance. Explain with reference to the...
A silver dollar is flipped twice. Calculate the probability of each of the following occurring: (a) A head on the first flip (b) A tail on the second flip given that the first toss was a head (c) Two...
If required, round your ansker to the nearest whole rumbec. Do not round interivediate caloulabions: If required, round your ansker to the nearest whole rumbec. Do not round interivediate caloulabions
1. For each of the following examples, explain whether it is a case of external or internal economies of scale: a. A number of firms doing contract research for the drug industry are concentrated in...
3. Give two examples of products that are traded on international markets for which there are dynamic increasing returns. In each of your examples, show how innovation and learning-by-doing are...
The Blue Roof Inn overbooks two rooms a night. Room rates run $100 a night but cost only $30 to maintain Bumped customers are sent to a nearby hotel for $80 a night. What is the cost of overbooking?...
3. The Roz trust received taxable income of $20,000 and $10,000 of tax-exempt interest. The trustee paid fiduciary fees of $6,000 and a charitable contribution, as authorized by the trust agreement,...
5) If liabilities increase $120,000 during a given period and shareholders' equity decreases $25,000 during the same period, assets must: A) decrease $145,000 B) increase $145,000 C) increase $95,000...
Two important profitability measures that investors use in assessing efficiency and effectiveness of a merchandiser's operations are earnings after retail numbers (EARN) and net income dividends and...
On June 1, 2025, Ivanhoe Service Co. was started with an initial investment in the company of $19,250 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2025, and the...
Konig Enterprises, Limited, owns and operates three restaurants in Vancouver, B.C. The company allocates its fixed administrative expenses to the three restaurants on the basis of sales dollars. Last...
Consider the circuit shown in Fig. The terminal voltage of the 24.0-V battery is 21.2 V. What are? (a) The internal resistance r of the battery and (b) The resistance R of the circuit resistor?
Grace is training to be an airplane pilot and must complete five days of flying training in October with at least one day of rest between trainings. How many ways can Grace schedule her flying...

2. It is often argued that local knowledge spillover is more feasible for firms existing in clusters.

Question:

Step by Step Answer:

International Finance Theory And Policy

Students also viewed these Business questions