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).
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Guglielmetti, C. (2010). Context and Proximity in Competitiveness and Cohesion: Theoretical and Empirical Challenges. In: Dallago, B., Guglielmetti, C. (eds) Local Economies and Global Competitiveness. Palgrave Macmillan, London. https://doi.org/10.1057/9780230294967_2
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