Why agglomeration is still relevant in the case of global cities (Also available on CD)

Biniwala, Jaydip Pradip

Why agglomeration is still relevant in the case of global cities (Also available on CD) - 2016 - xiii,61p.,CD-ROM

CONTENTS Certificate of original authorship . ii Acknowledgments v Executive Summary xi 1 Overview 1 2 Agglomeration . 3 2.1 What is Agglomeration? . 3 2.2 Why does agglomeration happen? 3 2.2.1 Proximity . 3 2.2.2 Options 4 2.3 Locational or Comparative advantage 4 2.4 Agglomeration Economies 5 3 Agglomeration in the era before 1980’s 7 3.1 Industrial Location Theory . 7 3.2 Hoteling’s Law 8 3.3 Competitive advantage 11 4 Agglomeration Today 13 4.1 Collaborative advantage 14 4.2 Globalization . 15 4.2.1 Global Cities . 16 5 Financial Services. . 19 5.1 London 19 5.1.1 History of London . 19 5.2 New York 23 5.2.1 History of New York. 23 5.2.2 New York, Now 25 5.3 Singapore 28 6 IT & ITeS . 31 6.1 Silicon Valley 31 6.3 Bangalore 36 7 Analysis 41 7.1 Knowledge is Sticky . 42 7.2 Decentralized operations and externalization, needs a better control . 44 7.3 Desirability of certain locations 46 7.4 Network of Complementors and Competitors 49 7.5 Agglomeration Economies 52 8 Implications of these learnings 55 Bibliography vii

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