Cuervo-Cazurra, Álvaro; Holan, Pablo Martin de; Sanz, Luis - In: Journal of Business Research 67 (2014) 4, pp. 508-515
, whereby location advantage is created as the result of agglomeration dynamics in product and factor markets; and guided …, whereby location advantage is created as the result of infrastructure dynamics in institutions and endowments. We illustrate …-evolutionary processes with the analysis of the development of location advantage in the Costa Rican tourism industry. …
