______________ 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)Externalities
E)Synergy

Question

Quizplus · Accepted Answer

The term for knowledge spillovers that occur when companies in the same industry locate in the same area is externalities. This is because the benefits or costs of an activity or transaction spill over to affect third parties who are not directly involved.

______________ Are Knowledge Spillovers That Occur When Companies in the Same