Something New: Where do new industries come from?
() and Sam Tavassoli
Abstract: The focus of this paper is on the question of how new
industries originate in places. There is often confusion between the
process of diffusion and the locational factors that give rise to early
stage creative discovery. There is a long and distinguished literature that
considers the diffusion of ideas. Diffusion is important as it influences
the general uptake and implementation of ideas across geography but it is a
different process than our focus here. We advance the argument that the
creation of new industries is a process that has inherently geographic
features. Something new is created out of prior knowledge but a more
complex process is required to develop an industry and reap the economic
Keywords: new industries; Schmookler scissor; locational factors; (follow links to similar papers)
20 pages, March 31, 2014
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