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 1.2: Firm
In economic geography, firms have been central units of analysis in studies of industrial location, innovation, agglomeration, industry networks and regional development (see 3.1 Industrial Location; 2.1 Innovation; 3.2 Industrial Clusters; 5.5 Networks). At the individual/micro-level, economic geographers have studied business start-ups (see 2.2 Entrepreneurship), and at the global scale, economic geographers have studied the rise of multinational corporations (MNCs) and their role in innovation and knowledge transfer, in national and regional economic growth, and in the process of globalization (see 4.2 Globalization; 4.1 Core–Periphery). Firms are key agents in that they are drivers of the economic system, and their locations, strategies (including innovative capacity) and cultures have emerged as a particularly active focus of study in the past few decades.
What Is a Firm?