______________ are knowledge spillovers that occur when companies in the same industry locate in the same area.
A) Inward overflows
B) Cognitive overflows
C) Concentric overflows
D) Synergy
E) Externalities

Question

Quizplus · Accepted Answer

The term used to refer to knowledge spillovers that occur when companies in the same industry locate in the same area is externalities. This is because the external impact of having these companies located in close proximity can result in knowledge and expertise being shared between the companies, leading to higher levels of innovation and competitiveness within the industry. The other choices are not relevant in this context.

______________ Are Knowledge Spillovers That Occur When Companies in the Same