The Spatial Configuration of the Firm and the Management of Sunk CostsFootnote

* This paper was first presented at the Institute of British Geographers’ Annual Conference, January 1995. It has also been presented in seminars at the University of Toronto, University of California, Los Angeles, Oxford, and the International Conference on Interfirm Linkages, Industrial Restructuring and Regional Development sponsored by the Labour Research Institute of Pusan National University (Korea). Thanks to those who participated in these meetings and seminars for their comments. The paper also benefited from the comments of Dean Hanink and Elizabeth Warren as well as the detailed advice of the referees. All remaining errors are the responsibility of the authors.

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