Key Concepts in Economic Geography is a new kind of textbook that forms part of an innovative set of companion texts for the human geography sub-disciplines. Organized around 20 short essays, this book provides a cutting edge introduction to the central concepts that define contemporary research in economic geography. Involving detailed and expansive discussions, the book includes:
An introductory chapter providing a succinct overview of the recent developments in the field; Over 20 key concept entries with comprehensive explanations, definitions, and evolutions of the subject; Extensive pedagogic features that enhance understanding including figures, diagrams, and further reading
An ideal companion text for advanced undergraduate and graduate students in economic geography, the book presents the key concepts in the discipline, demonstrating their historical roots, and contemporary applications to fully understand the processes of economic change, regional growth and decline, globalization, and the changing locations of firms and industries. Written by an internationally recognized set of authors, the book is an essential addition to any geography student's library.
Chapter 5.5: Networks
Networks are socio-economic structures that connect people, firms and places to one another and that enable knowledge, capital and commodities to flow within and between regions. The concept helps explain how economic activities are organized across space and how economic relationships (e.g. between firms, businesspeople) influence growth and development in places. Economic geographers have principally studied networks from two perspectives. The first emphasizes how networks organize industrial clusters and global trade and investment relationships. The second approach focuses on how individuals and firms construct and use social networks in the economic sphere, and on how access to networks is shaped by social inequalities related to gender, class and/or ethnicity.
Networks as Economic Organization
Networks differ from markets and hierarchies in that they help to organize economies ...