GEOG 216 Lecture Notes - Tabula Rasa, Richard Florida, Fordism
Document Summary
If tech not changing fast, maybe possible to be loc farther away. Inputs: partic factory/firm wants to be loc near inputs of production processes. Depends on transaction costs, if inputs relatively standardized, transportation cheap. Labour: generally, want to be near labour market. Doesn"t move around as easily as other factors. Market: generally, partic factories, firms want to be loc near market for their product. Also depends on transaction costs, whether they need to be physically close to ppl they are supplying, how much info needs be exchanged b/w buyer + seller. Transportation: firms want to be near transportation that pulls inputs and labour close. Upstream: supply your firm, downstream: buy your output, ancillary: provide services to your firm or other firms in your industry. Path dependency: agglomeration tends to be self-fulfilling prophecy, attract ppl who deepen the advantage of being loc there, reinforces necess culture.