Economists Refer to Knowledge "Spillovers" That Occur When Companies in the Same

question 62

Multiple Choice

Economists refer to knowledge "spillovers" that occur when companies in the same industry are located in the same area as:

• A) technology flows.
• B) overlaps.
• C) corporate espionage.
• D) externalities.
• E) a free rider problem.

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Definitions:

Political Tactics

Strategies and maneuvers used within organizations to gain advantage or support for specific goals or interests.

Visibility

The degree to which activities, work, or processes are observable, transparent, or apparent to others.

Non-substitutability

The characteristic of being unique or irreplaceable, usually in the context of resources, skills, or roles within an organizational setting.

Critical Part

A component or element that is considered essential for the successful operation or completion of a system, process, or project.