Proximity and interaction can directly influence firms' ability and willingness to exchange knowledge.

Question

Quizplus · Accepted Answer

Studies have shown that proximity and interaction increase the likelihood of knowledge exchange among firms. Proximity can allow for face-to-face interactions and the sharing of tacit knowledge, while interaction can help to build trust and facilitate communication. On the other hand, distance and lack of interaction can create barriers to knowledge exchange.

Proximity and Interaction Can Directly Influence Firms' Ability and Willingness