Silicon Valley has a ______________ in the generation of knowledge related to the computer and semi-conductor industries,when looked at by Dunning's theory.
A) demographic specific advantage
B) trade specific advantage
C) location specific advantage
D) null advantage
E) critical mass advantage

Question

Quizplus · Accepted Answer

According to Dunning's theory of international business, a location specific advantage refers to the unique characteristics of a location that make it advantageous for firms to operate there. Silicon Valley's concentration of skilled workers, research institutions, and venture capitalists have created a unique ecosystem that fosters innovation and knowledge generation in the computer and semi-conductor industries, making it a prime example of a location specific advantage.

Silicon Valley Has a ______________ in the Generation of Knowledge