Location theory as presented in Professor Isard’s paper is concerned with where a producer is likely to succeed m capturing and holding a market. It also suggests some of the circumstances which might cause him to lose it as time goes to somebody in a different location. I propose to limit my comments to this latter aspect, using some of the results obtained by studies of innovation and diffusion, an area which is — just as economic location theory — much concerned with questions of location and circulation. My emphasis though, will be on the location and circulation of information rather than goods.
KeywordsLocation Theory Industrial Location General Purchasing International Allocation Nobel Foundation
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