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Regional competitiveness, technological adjustments and employment

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Economic globalisation is leading firms to face an increasingly openness to rival producers, whatever their original location of production. Not only firms but also industries and regions are now much more vulnerable to price and quality competition. Camagni (2002) suggests that regions compete on the basis of absolute competitive advantages, arising when a region possess superior technological, social, infrastructural or institutional assets, which are external to firms but of their benefit.

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Universidade do Algarve

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