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Context and Proximity in Competitiveness and Cohesion: Theoretical and Empirical Challenges

In: Local Economies and Global Competitiveness

Author

Listed:
  • Chiara Guglielmetti

Abstract

The competitiveness of firms has acquired a global scope. This aspect goes well beyond direct market competition. Firms tend to be located in territories1 where they find the contextual specificities that allow for consolidation and growth. It is now widely acknowledged that institutional frameworks and localized and context specific externalities, that go beyond the boundaries of a firm, are pivotal determinants of the latter’s economic performance (Begg, 2002; Feldman, 2000; Glaeser, 2000; Kitson et al., 2004; Pitelis et al., 2006; Porter, 2003; Regional Studies, volumes 37(6&7), 2003, 38(9), 2004 and 40(2), 2006; Scott, 2001).

Suggested Citation

  • Chiara Guglielmetti, 2010. "Context and Proximity in Competitiveness and Cohesion: Theoretical and Empirical Challenges," Palgrave Macmillan Books, in: Bruno Dallago & Chiara Guglielmetti (ed.), Local Economies and Global Competitiveness, chapter 1, pages 15-42, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-29496-7_2
    DOI: 10.1057/9780230294967_2
    as

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